📊 $SOL (SOLUSDT) — 🔴 SHORT
💰 Current price: 86.070 USDT (24h: -3.53% | Vol 24h: 186.88M USDT)
🎯 Entry (Entry zone): 86.070 - 86.414
✅ TP1 (Take profit 1): 82.197
✅ TP2 (Take profit 2): 79.098
🛑 SL (Stop loss): 87.964
📝 Technical analysis: On the 4H chart, SOL is trading below the EMA7 at 87.809, indicating that short-term bearish momentum is prevailing and the price is forming a breakdown structure. RSI(14) at 26 reflects strong selling pressure despite being in oversold territory, while nearby resistance at 90.150 remains firm and support at 85.020 was touched during the day. Volume of 186.88M USDT, along with a -3.53% change, supports the scenario of a deeper correction.
⚠️ Disclaimer: This analysis is for informational purposes only and is not investment advice. Do your own research (DYOR) and manage your capital carefully before trading.
💰 Current price: 86.070 USDT (24h: -3.53% | Vol 24h: 186.88M USDT)
🎯 Entry (Entry zone): 86.070 - 86.414
✅ TP1 (Take profit 1): 82.197
✅ TP2 (Take profit 2): 79.098
🛑 SL (Stop loss): 87.964
📝 Technical analysis: On the 4H chart, SOL is trading below the EMA7 at 87.809, indicating that short-term bearish momentum is prevailing and the price is forming a breakdown structure. RSI(14) at 26 reflects strong selling pressure despite being in oversold territory, while nearby resistance at 90.150 remains firm and support at 85.020 was touched during the day. Volume of 186.88M USDT, along with a -3.53% change, supports the scenario of a deeper correction.
⚠️ Disclaimer: This analysis is for informational purposes only and is not investment advice. Do your own research (DYOR) and manage your capital carefully before trading.