The read on SOL just flipped defensive. The current signal on SOL points bearish, with levels defining the setup.
The neutral market read is what makes this one interesting.
The numbers:
Entry zone ~$117.33
Stop loss $119.22
TP1 $115.06
TP2 $113.95
TP3 $112.04
The signal is short. Recent closed trades: 10W / 12L, a 45% hit rate.
The downside probability reads 69.2%.
Signal quality scores 78/100 (tier A).
The setup offers 2.80:1 to TP3.
That's a 4.51% distance to the last target.
Engine confidence sits at 37%.
Distances scale off the stop: TP1, TP2 and TP3 step out at roughly 1.5R, 2.5R and 4.0R.
Shorts on SOL — too early or right on time?
Trade your plan, not mine.
#SOL #SOLUSDT #Short #MarketUpdate #Crypto
The neutral market read is what makes this one interesting.
The numbers:
Entry zone ~$117.33
Stop loss $119.22
TP1 $115.06
TP2 $113.95
TP3 $112.04
The signal is short. Recent closed trades: 10W / 12L, a 45% hit rate.
The downside probability reads 69.2%.
Signal quality scores 78/100 (tier A).
The setup offers 2.80:1 to TP3.
That's a 4.51% distance to the last target.
Engine confidence sits at 37%.
Distances scale off the stop: TP1, TP2 and TP3 step out at roughly 1.5R, 2.5R and 4.0R.
Shorts on SOL — too early or right on time?
Trade your plan, not mine.
#SOL #SOLUSDT #Short #MarketUpdate #Crypto