Scalping & Mid-Term Analysis for Solana

Market Overview:
Trend: Solana is in a clear downtrend, with lower highs and lower lows forming a bearish structure.
Key Levels:
Resistance: ~$199 - $202
Support: ~$185 - $190 (weak) and ~$175 (stronger)
Indicators:
MACD: Bearish crossover, showing ongoing downside momentum.
EMA: Solana is trading below the 50 EMA, confirming sellers are in control.
Volume: Declining, indicating lack of aggressive buying interest.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? Price is attempting to stabilize near $185 - $190, but with weak buying pressure.
How?
Buy near $185, aiming for a small scalp to $195 - $199.
Sell near $199 - $202, as resistance is strong.
Stop-loss below $182, as further downside risk exists.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $202 or breakdown below $185.
Execution:
If SOL breaks $202, scalp long targeting $210 - $215.
If SOL drops below $185, scalp short to $175 - $170.
🩸 3. EMA Scalping
Why? SOL is consistently rejecting the 50 EMA, meaning shorting resistance is effective.
Execution:
Short near EMA (~$195 - $200) if price fails to reclaim it.
Go long only if price reclaims EMA with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bearish → Neutral
Why?
Continued lower highs, signaling no recovery momentum yet.
Breakdown from $210 - $200 resistance confirmed bearish dominance.
If SOL fails to reclaim $200+, expect a retest of $175 - $170 before stabilizing.
Only a strong move above $202 can trigger bullish recovery to $215 - $220.
🔥 News & Market Context:
No major bullish catalysts, meaning Solana lacks a strong recovery trigger.
Liquidity grab scenario likely, where market makers push SOL below $185 before reversing.
Watch for Bitcoin's impact, as SOL follows BTC’s overall market direction.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Range scalping is viable, but only with caution.
🩸 Mid-term: Bearish unless SOL breaks and holds above $200+.
🩸 Ideal Play: Look for shorts on resistance rejection and avoid longs unless $202 is reclaimed.

👑 Final Verdict:
Solana is still in a bearish phase. If it fails to break $200, expect a deeper correction to $175 - $170. 🔥