$SOL 💰
🔻 SOL longs are capitulating and positions are unwinding. Current price: 116.02. Short the rebound.
📊 Key data:
❌ 1H EMA20<EMA50, with selling pressure dominating the trend
❌ 4H structure is bearish, with the trend acting as resistance
📊 RSI 38｜Volume 0.55x, bearish momentum dominates
📈 OI(3H) +0.16%｜Open interest is stable; direction depends on price action
💡 SOLUSDT is falling in both price and volume, opening up room to move lower
🎯 Trade: Short
• Entry: 116.06 ~ 116.35
• Stop loss: 117.29 (dynamic ATR)
• Target 1: 113.72 (risk/reward 1:1.9)
• Target 2: 112.36 (risk/reward 1:3.0)
⚠️ Risk: Set a stop loss to guard against a false breakdown
Data source: Binance USD-M｜DYOR
$BSP $GTC
🔻 SOL longs are capitulating and positions are unwinding. Current price: 116.02. Short the rebound.
📊 Key data:
❌ 1H EMA20<EMA50, with selling pressure dominating the trend
❌ 4H structure is bearish, with the trend acting as resistance
📊 RSI 38｜Volume 0.55x, bearish momentum dominates
📈 OI(3H) +0.16%｜Open interest is stable; direction depends on price action
💡 SOLUSDT is falling in both price and volume, opening up room to move lower
🎯 Trade: Short
• Entry: 116.06 ~ 116.35
• Stop loss: 117.29 (dynamic ATR)
• Target 1: 113.72 (risk/reward 1:1.9)
• Target 2: 112.36 (risk/reward 1:3.0)
⚠️ Risk: Set a stop loss to guard against a false breakdown
Data source: Binance USD-M｜DYOR
$BSP $GTC