📊 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.
🟢 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.
Trade active
that's great analyse going great and well worked in our side stay active for another update
Market Analysts, Mentor, Forex Trader.
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Analysts, Mentor, Forex Trader.
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.