indepth

#indepth #solana
1️⃣ Market Structure:
High: 148.40
Low: 143.10
Structure: Lower Highs + Lower Lows → short-term bearish
Current price (~144.8) is just a bounce, not confirmation.
This is a corrective bounce, not strength.
2️⃣ Moving Averages:
MA(5) ≈ 144.58
MA(15) ≈ 144.44
MA(25) ≈ 144.38
Price is barely above clustered MAs → this is decision zone, not trend continuation.
👉 If price fails here → rejection + continuation down
👉 If price holds and expands volume → short scalp up only
3️⃣ RSI & MACD
RSI(6): ~61
This is rebound RSI, not breakout RSI.
No bullish divergence formed earlier → bounce is weak.
MACD: still negative
Histogram shrinking = pullback bounce
Until MACD flips positive, bulls are not in control
4️⃣ Volume

Declining volume on the bounce
That means buyers are not aggressive
This screams dead-cat bounce risk.
🎯 TRADE SETUPS (Clear, No BS)
🔴 Setup 1: SHORT (Higher Probability)
Bias: Trend-following
Entry (wait for rejection)
145.40 – 145.80
(Previous intraday resistance + MA rejection zone)
Stop Loss
146.60
If this breaks, your short idea is wrong. Accept it.
Targets
TP1: 144.20
TP2: 143.10 (day low)
TP3: 142.40 (liquidity sweep zone)
📌 This is the cleaner trade.
🟢 Setup 2: LONG (ONLY if confirmation)
This is conditional, not emotional.
Entry (must see hold + close)
Above 145.90 (15m close)
No close above = no long. Period.
Stop Loss
144.90
Targets
TP1: 147.20
TP2: 148.40
TP3: 149.80 (only if volume expands)
⚠️ If volume doesn’t spike, exit early. Don’t dream.$SOL