Current situation (SOL โ 127)
The price is already at a strong support zone, below which an unpleasant scenario begins.
Key levels
Support:
๐ข 125โ127 โ main zone (local bottom)
๐ข 121โ123 โ if this zone gets broken
Resistance:
๐ด 132โ134 โ first take
๐ด 138โ140 โ strong resistance (on a 2-day maximum)
๐ SCENARIOS FOR 2 DAYS
๐ข SCENARIO 1: LONG (base, more likely)
Condition:
SOL holds above 125 and does not break support with volume.
Plan:
๐ฅ MY VERDICT AS A TRADER
๐ LONG has a greater chance, BUT:
only with a short stop
without greed
this is a scalp / short swing, not โwe will fly to 200โ
If I were to enter:
๐ข Long from 126โ127 โ partially fixed at 132
The price is already at a strong support zone, below which an unpleasant scenario begins.
Key levels
Support:
๐ข 125โ127 โ main zone (local bottom)
๐ข 121โ123 โ if this zone gets broken
Resistance:
๐ด 132โ134 โ first take
๐ด 138โ140 โ strong resistance (on a 2-day maximum)
๐ SCENARIOS FOR 2 DAYS
๐ข SCENARIO 1: LONG (base, more likely)
Condition:
SOL holds above 125 and does not break support with volume.
Plan:
๐ฅ MY VERDICT AS A TRADER
๐ LONG has a greater chance, BUT:
only with a short stop
without greed
this is a scalp / short swing, not โwe will fly to 200โ
If I were to enter:
๐ข Long from 126โ127 โ partially fixed at 132