SOL/USDT Short-term Trading Strategy

Current Price: 226.85 USDT

Timeframe: 24 hours

Trading Strategy

Buying Strategy (Long Position)

Entry Price: 221.00 - 224.00 USDT

Take Profit Price: 233.00 - 235.00 USDT

Stop Loss Price: 218.00 USDT

Position Size: 15% of capital

Trading Type: Spot or Futures

Leverage: 3x

Selling Strategy (Short Position)

Entry Price: 233.00 - 235.00 USDT

Take Profit Price: 225.00 - 227.00 USDT

Stop Loss Price: 237.00 USDT

Position Size: 15% of capital

Trading Type: Futures

Leverage: 3x

Technical Indicator Analysis

1. EMA Analysis

EMA(7): 230.22 USDT

EMA(25): 235.71 USDT

EMA(99): 233.85 USDT

Current price is below both short-term and long-term moving averages, indicating bearish dominance, but is approaching the short-term support area.

2. RSI

RSI(6): 27.72, in the oversold range, indicating that the price may rebound in the short term.

3. Volume

Volume has recently increased, indicating a fierce competition between bulls and bears.

4. MACD

DIF: -3.18, DEA: -1.77, MACD Histogram: -1.40, showing a strong bearish trend, but downward momentum is weakening.

Strategy Logic

Buying Strategy: Current price is in the oversold range and close to the short-term support level of 221.00-224.00 USDT, suitable for attempting to establish a long position, with the target to return near EMA(25).

Selling Strategy: If the price rebounds to near EMA(25) and encounters resistance, consider shorting in the range of 233.00-235.00 USDT, with the target for the price to fall back to near the support level.

Risk Warning: Market volatility is high, please set stop losses strictly and adjust positions in a timely manner.