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Based on the SOL/USDT 4-hour chart provided, here is a detailed technical analysis and intraday trading signal: Technical Analysis: 1. Trend Analysis: The current price is $247.81, slightly below the 7-period MA ($254.84) and the 25-period MA ($253.62), indicating bearish momentum in the short term. The price has also made a lower high after failing to break above the resistance zone of $272 (24-hour high). 2. Support and Resistance Levels: Resistance: $256.47 (recent swing high), $272.03 (24-hour high). Support: $245.02 (24-hour low), $234.53 (previous support zone). 3. Volume Analysis: The declining volume suggests weakening momentum, possibly leading to a consolidation phase. 4. Indicators: Moving Averages: Price is below short-term MAs (7, 25), signaling bearish bias. MACD: The histogram shows bearish divergence. RSI: Likely trending near neutral (40-50), showing neither overbought nor oversold conditions. --- Intraday Trading Signal: 1. Entry Point: Buy Entry: If the price breaks above $250 with significant volume. Sell Entry: If the price breaks below $245 with confirmation from volume. 2. Stop-Loss Placement: For a Buy Trade: Place stop-loss below $245. For a Sell Trade: Place stop-loss above $252. 3. Take-Profit Targets: Buy Trade: Target 1: $256, Target 2: $262. Sell Trade: Target 1: $240, Target 2: $234. Summary: Bullish Scenario: Enter long above $250 with targets at $256 and $262. Place a stop-loss at $245. Bearish Scenario: Enter short below $245 with targets at $240 and $234. Place a stop-loss at $252. Ensure proper risk management by not risking more than 1-2% of your trading capital per trade. #sol
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Trump going up again. Let's see whats the price again. anyaway whats your idea gyz.? #TRUMPOnBinance
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$TRUMP Token Dump running 🫠 #TrumptMarketInsights #TrumpMarketWatch
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○ #Bitcoin Hits $109K Ahead of Trump's Oath Ceremony! $BTC surged to a new all-time high of $109,114, fueled by investor optimism and Trump's pro-crypto stance. Over the past week, Bitcoin gained 16.93%, with analysts predicting further growth Bitcoin ETFs See Record Inflows: BlackRock's IBIT: +$745.7M Fidelity's FBTC: +$680.2M Total Net Inflows: +$1.86B I Market Outlook: BTC could soon break $110K, but if selling pressure increases, a retest of 100k$ support is possible. #BitcoinReserve #BTC Price Analysis# #TrumptMarketInsights
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Bitcoin went up 20x in Trump's first term as President. ___X this time? 🤔 #TrumpMarketWatch
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