👉 $SOL 4H Breakdown-Retest SHORT Setup
SOL trades at 93.92 (-1.7% 24H) after losing the 95.2-96.0 weekend floor and printing a fresh low at 93.18.
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🔎 Trend: Bearish. Price sits below EMA20 (96.2), EMA50 (98.7) and EMA200 (104.7).
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🧱 Resistance: 95.2-95.6 (old range floor), 96.2 (EMA20)
🛡️ Support: 93.18, 92.34 (Oct 30 wick)
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🎯 Entry zone: 95.20-95.60 on a retest
⛔ Stop loss: 96.60
✅ TP1: 93.18
✅ TP2: 92.34
✅ TP3: 90.64 (1.272 extension)
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💡 Broken support often flips to resistance. A 4H close back above 96.6 cancels the idea.
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⚠️ Risk: Size small, move SL to entry after TP1. Not financial advice. DYOR.
⠀
$SOL $BTC
#Solana #TradingSetup #CryptoAnalysis #BinanceSquare
SOL trades at 93.92 (-1.7% 24H) after losing the 95.2-96.0 weekend floor and printing a fresh low at 93.18.
⠀
🔎 Trend: Bearish. Price sits below EMA20 (96.2), EMA50 (98.7) and EMA200 (104.7).
⠀
🧱 Resistance: 95.2-95.6 (old range floor), 96.2 (EMA20)
🛡️ Support: 93.18, 92.34 (Oct 30 wick)
⠀
🎯 Entry zone: 95.20-95.60 on a retest
⛔ Stop loss: 96.60
✅ TP1: 93.18
✅ TP2: 92.34
✅ TP3: 90.64 (1.272 extension)
⠀
💡 Broken support often flips to resistance. A 4H close back above 96.6 cancels the idea.
⠀
⚠️ Risk: Size small, move SL to entry after TP1. Not financial advice. DYOR.
⠀
$SOL $BTC
#Solana #TradingSetup #CryptoAnalysis #BinanceSquare
