#TradfiTradingChallenge


$SOL/USDT – 1H CHART ANALYSIS
🕒 Timeframe: 1H
💰 Current Price: $86.40 (+1.47%)

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🔍 Key Observations:

· Trend Structure:
Price is trading above all three short-term EMAs (EMA5, 10, 30) – a clear sign of bullish momentum in the 1H timeframe.
· Moving Averages (EMA):
· EMA5: 85.89
· EMA10: 85.17
· EMA30: 84.79
→ Healthy alignment (5 > 10 > 30), confirming an uptrend.
· RSI (Overbought zone alert):
· RSI(6): 73.76 (overbought)
· RSI(12): 66.05 (strong)
· RSI(24): 57.35 (neutral)
→ Short-term overextension possible, but trend remains strong.
· Key Price Levels:
· Resistance: 87.87 (local high)
· Support: 84.69 / 82.78 / 81.52
· Volume:
Decent 24H volume (1.42M SOL), supporting recent move up from $81.52 low.

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📌 Conclusion:
Bullish in the short term, but RSI(6) above 73 suggests a minor pullback or consolidation before next leg up. A clean break above 87.87 could open the door to higher levels.

✅ Bias: Bullish above $84.69
⚠️ Caution: Overbought on lower RSI
SOL5.27%
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MasterChuTheOldDemonMasterChu
· 2h ago
Just charge forward 👊
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MasterChuTheOldDemonMasterChu
· 2h ago
Get in quickly!🚗
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MasterChuTheOldDemonMasterChu
· 2h ago
Steadfast HODL💎
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CryptoEye
· 6h ago
LFG 🔥
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CryptoEye
· 6h ago
To The Moon 🌕
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CryptoEye
· 6h ago
2026 GOGOGO 👊
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ybaser
· 12h ago
To The Moon 🌕
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HighAmbition
· 12h ago
LFG 🔥
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HighAmbition
· 12h ago
Ape In 🚀
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