$SOL Breakdown Setup: Key $88.30 Floor Under Pressure
Multi-Timeframe Context:
• 1D: Clear lower highs from $103.85, trending below EMA21.
• 4H / 1H: Repeatedly testing the $88.30–$88.80 support shelf. RSI at 43.5 with diminishing buy volume.
Trade Plan (Breakdown Watch):
• Entry: 4H close below $88.30 (or retest rejection at $89.50)
• Stop Loss: $90.80
• TP1: $85.50 | TP2: $82.00
• R:R: ~1:2.4
If $88.30 cracks, liquidity sits lower. Are you bidding this support or waiting for the breakdown?
#Solana #Trading
Multi-Timeframe Context:
• 1D: Clear lower highs from $103.85, trending below EMA21.
• 4H / 1H: Repeatedly testing the $88.30–$88.80 support shelf. RSI at 43.5 with diminishing buy volume.
Trade Plan (Breakdown Watch):
• Entry: 4H close below $88.30 (or retest rejection at $89.50)
• Stop Loss: $90.80
• TP1: $85.50 | TP2: $82.00
• R:R: ~1:2.4
If $88.30 cracks, liquidity sits lower. Are you bidding this support or waiting for the breakdown?
#Solana #Trading
