$SOL just did something worth talking about, here is what I am seeing right now. Here is the trade.
Entry: 75.67-76.124
TP1: 74.379
TP2: 73.62
TP3: 72.861
SL: 76.964
Price pushed into this zone and got rejected twice already. That kind of rejection near the same wick is not random, buyers tried and got sold into.
Structure is heavy above and volume confirms it, sellers stepped in exactly where they were expected to. Risk is tight here and the reward stretches nicely into 72.861 if this plays out.
You shorting this or waiting to see if it breaks higher first?
watch this space.
$SOL $BTC
Entry: 75.67-76.124
TP1: 74.379
TP2: 73.62
TP3: 72.861
SL: 76.964
Price pushed into this zone and got rejected twice already. That kind of rejection near the same wick is not random, buyers tried and got sold into.
Structure is heavy above and volume confirms it, sellers stepped in exactly where they were expected to. Risk is tight here and the reward stretches nicely into 72.861 if this plays out.
You shorting this or waiting to see if it breaks higher first?
watch this space.
$SOL $BTC