I'm watching $SOL SHORT — Solana Faces a Crucial Test at 104.5
Solana is trading at 104.5 on the 4H timeframe, where the short setup depends on whether sellers can maintain control. A rejection from nearby resistance, followed by a break below local support, could strengthen the bearish case. However, if SOL reclaims resistance and holds above it, the downside thesis may weaken.
Trade Setup
Direction: SHORT
Reference Price: 104.5
Entry: 104.3–104.7
TP1: 103.2
TP2: 102.0
TP3: 100.5
SL: 106.0
These levels are provisional, not verified against a live 4H chart. Confirm the structure before entering and manage risk carefully.
Will SOL lose the 104 level and continue lower, or are buyers preparing a recovery? Share your outlook below.
#sol板块 #Solana #CryptoTrading. #BinanceSquare
Solana is trading at 104.5 on the 4H timeframe, where the short setup depends on whether sellers can maintain control. A rejection from nearby resistance, followed by a break below local support, could strengthen the bearish case. However, if SOL reclaims resistance and holds above it, the downside thesis may weaken.
Trade Setup
Direction: SHORT
Reference Price: 104.5
Entry: 104.3–104.7
TP1: 103.2
TP2: 102.0
TP3: 100.5
SL: 106.0
These levels are provisional, not verified against a live 4H chart. Confirm the structure before entering and manage risk carefully.
Will SOL lose the 104 level and continue lower, or are buyers preparing a recovery? Share your outlook below.
#sol板块 #Solana #CryptoTrading. #BinanceSquare