$SOL is facing pressure after long liquidations near $86.01. Buyers need to defend this area to prevent sellers from extending the downside move.
$SOL — SHORT
Entry: 85.80 – 86.20
SL: 87.50
TP1: 85.00
TP2: 83.80
TP3: 82.50
TP4: 81.00
The liquidation activity highlights weakness around the $86 region. If SOL fails to recover this level and resistance continues holding, sellers may attempt another move lower. Watch for a confirmed rejection before entering, as a strong recovery could quickly invalidate the setup.
#AIChipSlumpNasdaq
#BitcoinFiveWeeklyLosses
#TradFiForBeginners
#Binance
$SOL — SHORT
Entry: 85.80 – 86.20
SL: 87.50
TP1: 85.00
TP2: 83.80
TP3: 82.50
TP4: 81.00
The liquidation activity highlights weakness around the $86 region. If SOL fails to recover this level and resistance continues holding, sellers may attempt another move lower. Watch for a confirmed rejection before entering, as a strong recovery could quickly invalidate the setup.
#AIChipSlumpNasdaq
#BitcoinFiveWeeklyLosses
#TradFiForBeginners
#Binance
