My $70.58 call just broke — $SOL fell straight through it this morning and tagged $67.41 to the cent, the line I said opens the flush to $65.
It held, for now. Finnhub, 07:25 UTC: SOL back at $70.40, still under $70.58 after three red closes.
What the chart won't tell you: funding flipped negative on Binance, OKX and Bybit, yet Binance longs still outnumber shorts 3.38 to 1. Around $98M of SOL flushed in 24h, 92% longs. SOL ETFs bled 7 sessions straight, $58.3M gone.
Leaning short, not strong — this bounce smells like a breather. Fade the $70.58 rejection, entry $70.40–$70.58. TP1 $68.20, TP2 $67.41, TP3 $65.00. Half off at TP1, stop to entry. A daily close above $70.58 kills this view outright.
$BTC isn't helping either — $64,810, still under its $65,000 repair line.
$SOL first: $67.41 or $70.58 — which breaks first? Drop your number.
Not financial advice. DYOR.
#SOL #Solana #CryptoTrading
It held, for now. Finnhub, 07:25 UTC: SOL back at $70.40, still under $70.58 after three red closes.
What the chart won't tell you: funding flipped negative on Binance, OKX and Bybit, yet Binance longs still outnumber shorts 3.38 to 1. Around $98M of SOL flushed in 24h, 92% longs. SOL ETFs bled 7 sessions straight, $58.3M gone.
Leaning short, not strong — this bounce smells like a breather. Fade the $70.58 rejection, entry $70.40–$70.58. TP1 $68.20, TP2 $67.41, TP3 $65.00. Half off at TP1, stop to entry. A daily close above $70.58 kills this view outright.
$BTC isn't helping either — $64,810, still under its $65,000 repair line.
$SOL first: $67.41 or $70.58 — which breaks first? Drop your number.
Not financial advice. DYOR.
#SOL #Solana #CryptoTrading
