SOLUSDT Perpetual Swap Contract (30-Min Chart) - Analysis
2025-02-01
Category: None

🔍 SOLUSDT Perpetual Swap Contract (30-Min Chart) - Analysis
📉 Trend Analysis
Current Trend: Bearish to Neutral

Price is recovering from the Demand Zone (228.21 USDT).
EMA 20 is crossing above price, acting as a short-term resistance.
Break of Structure (BOS) detected, indicating a shift in momentum.
Key Support & Resistance Levels

Major Resistance: 236.48 - 238.14 USDT (Fibonacci & EMA 100)
Key Support Levels:
Short-term: 228 - 232 USDT (Demand zone)
Major Support: 224 - 222 USDT (Lower demand zone)

🎯 Trading Strategy
1. Short-Term (Scalping / Intraday)
Long Entry: If price stays above 228 USDT, targeting 234.53 - 238 USDT.
Short Opportunity: If price fails at 238 USDT, a pullback to 232 - 229 USDT is likely.
2. Swing Trading
Long Setup: If price breaks above 238 USDT, next targets are 241 - 244 USDT.
Bearish Scenario: If price falls below 228 USDT, next support is at 224 USDT.

⚠️ Risk Analysis & Recommendations

✅ Stop-Loss Strategies:

Long Position SL: Below 224 USDT.
Short Position SL: Above 244 USDT.

✅ Risk Management:

EMA 100 & 200 act as dynamic resistance.
High volatility expected around 234 - 238 USDT.

✅ Final Thoughts:

Bullish Bias if price stays above 228 USDT.
If price fails to break 238 USDT, expect a rejection and possible retest of 229 USDT.
Manage risk carefully and monitor key levels!

📉 Conclusion: SOLUSDT is showing short-term recovery, but resistance at 238 USDT remains critical. A break above could lead to 244 USDT, while failure might trigger a drop to 228 - 224 USDT.