📊SOLUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 118.508
• Support: 116.25
• Resistance: 122.8
• Current Price: 116.93
📈Strategy:
Price is trading below the 20 SMA and inside the premium zone, favoring short-side continuation. The 4H swing low at 116.84 is the immediate downside trigger, with support at 116.25 as the first target. A break below this level could open the path toward the take-profit area near 111.66815. As long as price stays below resistance at 122.8, the bearish bias remains intact.
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⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bearish
• SMA (20): 118.508
• Support: 116.25
• Resistance: 122.8
• Current Price: 116.93
📈Strategy:
Price is trading below the 20 SMA and inside the premium zone, favoring short-side continuation. The 4H swing low at 116.84 is the immediate downside trigger, with support at 116.25 as the first target. A break below this level could open the path toward the take-profit area near 111.66815. As long as price stays below resistance at 122.8, the bearish bias remains intact.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇