Based on the current SOL Technical Analysis, we provide Futures Trading strategies:
📊 Current Price Analysis The current price of SOL is $181.03, up 1.57% in the last 24 hours, but down 9.35% over the last 7 days.
🔴 Technical signals are bearish The 1-hour Super Trend shows a continuous short signal. Price is below all EMA moving averages (12/20/55) RSI is at 53.36, slightly neutral. The MACD histogram turns positive but the signal line remains negative.
📈 Futures Trading Strategy Recommendations Long Strategy: Enter after breaking $183.95 (Super Trend Resistance) Target price: $187-$190 Stop Loss: $178
Short Strategy: Short on pullback to the $179-$180 range Target Price: $175-$172 Stop Loss: $184
⚠️ Risk Warning The daily level still shows a bullish trend, and short-term operations need to have strict stop-losses. It is recommended to operate with a light position and closely monitor the key support level of $175. #mlp #sol
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Based on the current SOL Technical Analysis, we provide Futures Trading strategies:
📊 Current Price Analysis
The current price of SOL is $181.03, up 1.57% in the last 24 hours, but down 9.35% over the last 7 days.
🔴 Technical signals are bearish
The 1-hour Super Trend shows a continuous short signal.
Price is below all EMA moving averages (12/20/55)
RSI is at 53.36, slightly neutral.
The MACD histogram turns positive but the signal line remains negative.
📈 Futures Trading Strategy Recommendations
Long Strategy: Enter after breaking $183.95 (Super Trend Resistance)
Target price: $187-$190
Stop Loss: $178
Short Strategy: Short on pullback to the $179-$180 range
Target Price: $175-$172
Stop Loss: $184
⚠️ Risk Warning
The daily level still shows a bullish trend, and short-term operations need to have strict stop-losses. It is recommended to operate with a light position and closely monitor the key support level of $175.
#mlp #sol