đSOLUSDT 4H Market Update
⢠Trend: Bearish
⢠SMA (20): 108.1115
⢠Support: 99.48
⢠Resistance: 114.32
⢠Current Price: 108.03
đStrategy:
Price is trading below the 20 SMA, indicating bearish momentum. The 4H structure shows lower highs, with price currently in a premium zone (favorable for shorts). A break below the 4H swing low at 107.34 could accelerate selling towards the support at 99.48. Short entries near current levels with a stop loss above 111.27 offer a 1:1.5 risk-reward, targeting 103.17. Watch for a bearish confirmation before entering.
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â ď¸ Not financial advice - always DYOR.
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⢠Trend: Bearish
⢠SMA (20): 108.1115
⢠Support: 99.48
⢠Resistance: 114.32
⢠Current Price: 108.03
đStrategy:
Price is trading below the 20 SMA, indicating bearish momentum. The 4H structure shows lower highs, with price currently in a premium zone (favorable for shorts). A break below the 4H swing low at 107.34 could accelerate selling towards the support at 99.48. Short entries near current levels with a stop loss above 111.27 offer a 1:1.5 risk-reward, targeting 103.17. Watch for a bearish confirmation before entering.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ