⚡ Trading Plan: $SOL
Long Scenario: Reclaiming and securing clean candle acceptance above 77.37 allows for a potential recovery bounce toward the mid-band and overhead resistance levels.
Target 1: 78.12
Target 2: 78.85
Target 3: 79.60
Short Scenario: Rejection at 77.37 and continued downward momentum along the lower Bollinger Band confirms ongoing selling pressure, targeting lower support zones.
Target 1: 76.64
Target 2: 75.89
Target 3: 75.14
Target 4: 74.39
Price action is pulling back toward the lower Bollinger Band following a period of consolidation. Looking at the momentum profile, RSI continues to hover in weak territory below its signal, while the MACD histogram shows red bars expanding downward, pointing to active seller control and a short-term bearish trend. We focus on 77.37 as our key structural pivot baseline.
Do Your Own Research / Not Financial Advice.
Click the chart widget below to trade. 👇$SOL
Long Scenario: Reclaiming and securing clean candle acceptance above 77.37 allows for a potential recovery bounce toward the mid-band and overhead resistance levels.
Target 1: 78.12
Target 2: 78.85
Target 3: 79.60
Short Scenario: Rejection at 77.37 and continued downward momentum along the lower Bollinger Band confirms ongoing selling pressure, targeting lower support zones.
Target 1: 76.64
Target 2: 75.89
Target 3: 75.14
Target 4: 74.39
Price action is pulling back toward the lower Bollinger Band following a period of consolidation. Looking at the momentum profile, RSI continues to hover in weak territory below its signal, while the MACD histogram shows red bars expanding downward, pointing to active seller control and a short-term bearish trend. We focus on 77.37 as our key structural pivot baseline.
Do Your Own Research / Not Financial Advice.
Click the chart widget below to trade. 👇$SOL