$SOL Liquidity Sweep in Play: Key Inflection Zone on Watch Today
Solana is taking a heavy hit, trading down at 75.24 after tapping a 24-hour high near 82.38. With the price sitting below both the 20-hour moving average at 77.72 and the 50-hour moving average at 79.73, sellers remain firmly in control. The 14-period RSI has plummeted to a brutal 18.1, signaling extreme oversold conditions. While this deep flush near the 74.85 low hints at a potential relief bounce, the broader trend is strictly bearish. Over on the secondary radar, WLFI is hovering quietly at 0.04720 with a neutral RSI of 48.
Torn between taking a scalp long here or waiting for the 4H candle close. What would you do?
$SOL $WLFI #Bitcoin #CryptoMarket #TradingView
Solana is taking a heavy hit, trading down at 75.24 after tapping a 24-hour high near 82.38. With the price sitting below both the 20-hour moving average at 77.72 and the 50-hour moving average at 79.73, sellers remain firmly in control. The 14-period RSI has plummeted to a brutal 18.1, signaling extreme oversold conditions. While this deep flush near the 74.85 low hints at a potential relief bounce, the broader trend is strictly bearish. Over on the secondary radar, WLFI is hovering quietly at 0.04720 with a neutral RSI of 48.
Torn between taking a scalp long here or waiting for the 4H candle close. What would you do?
$SOL $WLFI #Bitcoin #CryptoMarket #TradingView
