SOL Crypto Futures Trade Plan 2025-04-18

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Technical Analysis Synthesis:

The current price of SOL is $134.06. Evaluating its position relative to key moving averages:

The price is above the SMA (20) at $122.53 and SMA (50) at $129.72, indicating a bullish short-term and medium-term trend. However, it's below the SMA (200) at $180.81, suggesting a bearish long-term trend.

The RSI (14) is at 55.25, which is in the neutral zone, not indicating overbought or oversold conditions.

Bollinger Band analysis shows the price is close to the upper band at $140.89, which could suggest a potential reversal or pullback.

Key support levels are around $122.53 (SMA 20) and $129.72 (SMA 50), with resistance at $140.89 (Upper Bollinger Band).