$SOL ๐ SOL/USDT โ Binance | 1H Technical Snapshot (Today)
๐ Timeframe: 1-Hour
๐ฏ Trend: Mixed โ short-term bounce inside a broader bearish structure
Key Levels to Watch (1H / Intraday)
๐น Support: ~137โ138 USDT โ key intraday support zone (buyers stepping in)
๐น Resistance: ~143โ144 USDT โ near intraday supply and EMA resistance
๐น Next upside: ~150โ156 USDT โ broader range resistance / daily mid bands
๐ Short-Term Trend:
The hourly RSI and moving averages show modest upside momentum, but price still trades beneath longer-term EMAs โ meaning any rally is still countertrend until key resistances are flipped to support.
๐ Trade Plan (1H Chart)
๐ข Bullish (Long) Setup โ Range Bounce
Entry Zone:
โก๏ธ 138.50 โ 140.00 USDT
This zone aligns with recent intraday support and dip buy interest.
Stop-Loss:
โก๏ธ 136.80 USDT (just below key 1H support)
Take-Profit Targets:
โก๏ธ TP1: 143.50 USDT (near 1H resistance) ๏ฟฝ
โก๏ธ TP2: 148.50 USDT (broader range supply) โ partial profit here
โก๏ธ TP3: 155.00 USDT (extended bullish retest)
๐ก If TP1 triggers, consider moving stop to break-even before going for TP2/TP3.
๐ด Bearish (Short) Continuation
Entry:
โก๏ธ 144.50 โ 145.50 USDT โ on a clear rejection of hourly resistance after a failed break above.
Stop-Loss:
โก๏ธ 147.00 USDT (above recent local swing)
Take-Profit:
โก๏ธ 140.00 USDT (first)
โก๏ธ 137.00 USDT (deeper support)
โก๏ธ **Below 134 USDT if breakdown accelerates.
๐ Risk & Structure Notes
๐น Price remains inside wider bearish zones in higher timeframes โ so aggressive long trades should be risk-managed.
๐น A clear breakout above 144โ145 could signal more upside; bearish if price fails there.
๐น Watch volume confirmation on entry โ ideally increased buys on long entries and strong rejections on short setups.
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