📊SOLUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 93.575
• Support: 89.8
• Resistance: 98.16
• Current Price: 90.77
📈Strategy:
The market remains bearish below the 20 SMA, with price trading near support at 89.8. Although SOL is in a discount zone historically favoring longs, current momentum lacks bullish confirmation. The short setup from 90.77 with a stop above 93.49 and target at 86.68 offers a clean 1:1.5 risk-reward for intraday bears.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 93.575
• Support: 89.8
• Resistance: 98.16
• Current Price: 90.77
📈Strategy:
The market remains bearish below the 20 SMA, with price trading near support at 89.8. Although SOL is in a discount zone historically favoring longs, current momentum lacks bullish confirmation. The short setup from 90.77 with a stop above 93.49 and target at 86.68 offers a clean 1:1.5 risk-reward for intraday bears.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇