The XAU rhythm given earlier has smoothly moved out, and the profit margin has been realized. To be honest, when the incremental move came out, I actually kept an eye on things. This rebound in $SOL looks lively, but the four-hour structure didn’t keep up—liquidity/volume has been shrinking. Yes, the lows have been raised, but the daily timeframe’s framework where that previous high is shifting downward hasn’t been broken. When the rebound reaches the key resistance area, someone should step in.
The logic for looking for a short at this position is simple: the risk-to-reward ratio isn’t balanced in your favor. Upside room is limited, while downside is wide open. RSI at this level can’t really support a reversal—at most, it’s only a correction. Don’t fight the rebound; wait for it to soften before considering anything.
🔴 Trading direction: Short
📍 Entry range: 72.8198 – 72.9104
🛑 Stop loss: 73.9916
🎯 Take profit 1: 72.0203
🎯 Take profit 2: 71.4570
🎯 Take profit 3: 70.6122
As we look at the vastness of the mountains and seas, we observe the subtle changes of the market.
Alongside Uncle Xiong, we witness the wins and losses across heaven and earth.
#SOL
Click below to place the trade 👇
The logic for looking for a short at this position is simple: the risk-to-reward ratio isn’t balanced in your favor. Upside room is limited, while downside is wide open. RSI at this level can’t really support a reversal—at most, it’s only a correction. Don’t fight the rebound; wait for it to soften before considering anything.
🔴 Trading direction: Short
📍 Entry range: 72.8198 – 72.9104
🛑 Stop loss: 73.9916
🎯 Take profit 1: 72.0203
🎯 Take profit 2: 71.4570
🎯 Take profit 3: 70.6122
As we look at the vastness of the mountains and seas, we observe the subtle changes of the market.
Alongside Uncle Xiong, we witness the wins and losses across heaven and earth.
#SOL
Click below to place the trade 👇