$SOL update — the short trigger from my last post played out.
I said the bearish trade only became valid if $104.3 broke. It did, and price dropped to $100.31.
SOL is below the 1H MA7 ($103.47) and MA99 ($105.01), so momentum is still weak. But I’m not chasing a short into $100 support.
My plan: short a rejected bounce into $103.5–$104.3. Long only after $103.5 is reclaimed and held.
No confirmation, no trade.#sol #solana #cryptotrading
I said the bearish trade only became valid if $104.3 broke. It did, and price dropped to $100.31.
SOL is below the 1H MA7 ($103.47) and MA99 ($105.01), so momentum is still weak. But I’m not chasing a short into $100 support.
My plan: short a rejected bounce into $103.5–$104.3. Long only after $103.5 is reclaimed and held.
No confirmation, no trade.#sol #solana #cryptotrading
