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Why they hell you guys are posting wrong predictions and people are loosing money
Trade Trend Guru
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$SOL
$SOL Update based on 15 min chart
Observations:
1. Price Movement:
The current price is 205.35, showing a rejection from recent highs and testing the lower levels.
A strong support zone is visible at 204–205, with resistance around 207–208.
2. Indicators:
Bollinger Bands: The price is close to the lower band, indicating a potential bounce if support holds.
MACD: Bearish momentum continues, with the MACD line below the signal line and a negative histogram.
Stochastic RSI: At 13.1, the asset is deeply oversold, suggesting a possible reversal in the short term.
RSI (6): At 29.33, the RSI is also approaching oversold conditions.
3. Volume:
Volume has decreased compared to earlier sessions, which may indicate reduced selling pressure at this level.
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Trade Recommendation
Short-Term Trade Setup:
1. Long Setup:
Entry: Between 204.50–205.50 (near support).
Stop-Loss: 203.50 (below recent lows).
Take-Profit: 207.50–208.00 (resistance zone).
2. Short Setup:
Entry: Between 207.50–208.00 (near resistance).
Stop-Loss: 209.00.
Take-Profit: 205.50–206.00.
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Current Recommendation:
The asset is near a key support level, and the indicators suggest oversold conditions.
Preferred Trade: Wait for confirmation of a bounce from 205 for a long entry.
If price breaks below 204, consider avoiding trades until a clear direction emerges.
#BTC☀ #SolanaUSTD #Market_Update
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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