SOL Market Update: Pause the Shorts
Hold off on shorting Solana ($SOL ) for now. The market momentum is building for a push toward the 105.77 target.
Trade Plan
Current Action: Avoid opening new short positions at current levels.
Resistance Zones: Watch for potential short entries around 105.77 or higher into the 106.50 range.
Strategy: Wait for price action to test these key overhead resistance levels and show confirmation before looking for a reversal.
Let the market run its course to the upside first—patience here saves capital.
#SOL #SolanaStrong #SYN
Hold off on shorting Solana ($SOL ) for now. The market momentum is building for a push toward the 105.77 target.
Trade Plan
Current Action: Avoid opening new short positions at current levels.
Resistance Zones: Watch for potential short entries around 105.77 or higher into the 106.50 range.
Strategy: Wait for price action to test these key overhead resistance levels and show confirmation before looking for a reversal.
Let the market run its course to the upside first—patience here saves capital.
#SOL #SolanaStrong #SYN