📉 SOL — CONTINUED WATERFALL PRESSURE & TESTING LOCAL LOWS! 🔻
$SOL is trading lower at 94.98 (-0.86%, or roughly Rs26,288.56), moving within an active 24-hour range between a high of 96.21 and a low of 94.29. Price action on this 4-hour chart shows continued downward drift following its steep waterfall correction, sliding just under the fast MA(7) (95.49) while remaining heavily suppressed below the MA(25) (97.48) and macro structural MA(99) (101.97) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 88.00–93.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 85.50
🎯 TP1: 99.50
🎯 TP2: 106.00
❓Are you watching for Solana to carve out a firm bottom near the $92 level and reclaim the moving average bands, or expecting the waterfall decline to push further down? Let's discuss below! 👇
👉 Trade: $SOL
#Solana #SOL #cryptotrading #BinanceSquare #TradingSignal
$SOL is trading lower at 94.98 (-0.86%, or roughly Rs26,288.56), moving within an active 24-hour range between a high of 96.21 and a low of 94.29. Price action on this 4-hour chart shows continued downward drift following its steep waterfall correction, sliding just under the fast MA(7) (95.49) while remaining heavily suppressed below the MA(25) (97.48) and macro structural MA(99) (101.97) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 88.00–93.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 85.50
🎯 TP1: 99.50
🎯 TP2: 106.00
❓Are you watching for Solana to carve out a firm bottom near the $92 level and reclaim the moving average bands, or expecting the waterfall decline to push further down? Let's discuss below! 👇
👉 Trade: $SOL
#Solana #SOL #cryptotrading #BinanceSquare #TradingSignal
