🔴 $SOL /USDT — Watching for a Short Setup 📉
SOL remains under pressure, with both the 1H and 4H trends below EMA50 and EMA200. The 4H RSI at 42.5 also points to relatively weak momentum.
📍 Entry: 106.5535–106.7865
🎯 TP1: 104.9459 (-1.6%)
🎯 TP2: 103.7965 (-2.7%)
🎯 TP3: 102.0724 (-4.3%)
🛑 Stop-loss: 108.9688
The short setup has limited confirmation, with only 3 of 12 signals aligned. I’d wait for a clear reaction in the entry zone, keep position size small, and manage risk carefully.
Will SOL reject resistance and move lower, or surprise sellers with a bounce? 👀
#SOL #solana #cryptotrading #TechnicalAnalysis #BinanceSquareTalks $SOL
SOL remains under pressure, with both the 1H and 4H trends below EMA50 and EMA200. The 4H RSI at 42.5 also points to relatively weak momentum.
📍 Entry: 106.5535–106.7865
🎯 TP1: 104.9459 (-1.6%)
🎯 TP2: 103.7965 (-2.7%)
🎯 TP3: 102.0724 (-4.3%)
🛑 Stop-loss: 108.9688
The short setup has limited confirmation, with only 3 of 12 signals aligned. I’d wait for a clear reaction in the entry zone, keep position size small, and manage risk carefully.
Will SOL reject resistance and move lower, or surprise sellers with a bounce? 👀
#SOL #solana #cryptotrading #TechnicalAnalysis #BinanceSquareTalks $SOL