SOL/USDT 4H Chart Analysis

9 Jun

📊 SOL/USDT 4H Chart Analysis

🟢 Key Zones:
🔴 Resistance Level Zone:

Marked at approximately 185–188 USDT

Multiple rejections in this area (red arrows 📉), confirming it as a significant supply zone.

🟩 Support Level Zone:

Found around 140–147 USDT

Price has previously bounced off this zone (green arrows 📈), indicating strong demand.

⚖️ Mini Levels:
🟡 Mini Support/Resistance:

Around 157 USDT, previously acted as both support and resistance (yellow box).

Price reacts to this zone during its downtrend and uptrend, highlighting its significance.

🔮 Current Price Action:
The price is currently at 153.36 USDT.

The recent low was just above 140 USDT, confirming a higher low formation.

A small pullback is visible after testing the support zone.

📝 Trade Outlook & Scenarios:
🔵 Bullish Scenario (Main Bias):

If the price maintains above the support zone (140–147 USDT) and breaks the mini resistance (~157 USDT):

Possible continuation towards the resistance zone (185–188 USDT).

Target 🎯 at 187.99 USDT (highlighted in the yellow zone).

🔴 Bearish Scenario:

If the price breaks below the 140 USDT support:

Downward continuation to 132 USDT or lower, as shown in the chart (red zone).

🔧 Risk Management:
🛑 Stop Loss:

Conservative traders: below 140 USDT (red zone 🚨).

Aggressive traders: below the last swing low (~144 USDT).

💡 Professional Takeaway:
✅ Support and resistance zones are well-defined.
✅ Current bounce from support zone suggests a possible reversal.
✅ A break and close above the mini-resistance at 157 USDT would confirm strength.
✅ Risk management and patience are key for this potential upside move.

7 hari lalu

Dagangan aktif

that's great analyse going great and well worked in our side stay active for another update