$SOL is getting smacked back, man. Short.
Multiple lower highs piling up. The last candle had a huge upper wick rejecting those higher levels. Also, it's failed to punch through that short-term resistance cluster, which is telling. I'm fading the bounce off the consolidation floor. If it dips below that minor swing low, I'm in. If it snaps back over, I bail fast.
Plan (15m only): entry ~73.0709 · SL 74.1670 · TP 71.2442 · R:R 1.67
15m only — not a swing call.
#MarketAnalysis
Multiple lower highs piling up. The last candle had a huge upper wick rejecting those higher levels. Also, it's failed to punch through that short-term resistance cluster, which is telling. I'm fading the bounce off the consolidation floor. If it dips below that minor swing low, I'm in. If it snaps back over, I bail fast.
Plan (15m only): entry ~73.0709 · SL 74.1670 · TP 71.2442 · R:R 1.67
15m only — not a swing call.
#MarketAnalysis