☀️ Sunny prospects SOL/USDT: momentum is gaining strength
Brief:
On the 1H chart for SOL/USDT, a confident bullish structure is maintained. The price of 132.27 is held above key moving averages, and momentum is supported by volume. Overbought conditions on the oscillators are acceptable within the trend and often precede a continuation of movement.
🚨Indicators (briefly):
EMA21: 128.34 — dynamic support
RSI(6): 84.69 — overbought, but in trend
MA(5) volume: high — confirms demand
Stochastic: 87.78 — overbought zone
📈 Trading plan
Main scenario: LONG with a priority on continuation of momentum.
🎯Targets:
1️⃣ 135.00 (+2.69%)
2️⃣ 140.00 (+5.56%)
3️⃣ 145.00 (+9.61%)
➡️Entries:
Conservatively: 132.50 — after confirmation of the breakout
Aggressively: 131.00 — bounce from support
⛔️Stop-loss: 129.00 — below EMA(50), risk control
📌Conclusion:
SOL/USDT remains in a bullish phase. Despite local overbought conditions, volume and structure support growth. We work from buying, adhering to risk management and locking in profits at targets. 🚀
Spot trading 👉$SOL
Futures 👇
