$SOL — quick read: short. Trying to push through that ceiling? Nah.
Look guys, price is testing that range high and keeps getting smacked back. Long upper wicks on every little pop, showing that supply is stacked right there. It's failing to make a clean breakout above that ceiling too. I'm fading this bounce off the resistance until it decides to commit higher. If it spills above the range high on a big candle, I bail instantly.
Plan (15m only): entry ~78.2739 · SL 79.0865 · TP 76.9400 · R:R 1.64
15m only — not a swing call.
#MarketAnalysis
Look guys, price is testing that range high and keeps getting smacked back. Long upper wicks on every little pop, showing that supply is stacked right there. It's failing to make a clean breakout above that ceiling too. I'm fading this bounce off the resistance until it decides to commit higher. If it spills above the range high on a big candle, I bail instantly.
Plan (15m only): entry ~78.2739 · SL 79.0865 · TP 76.9400 · R:R 1.64
15m only — not a swing call.
#MarketAnalysis