The gains from the previous BTC move we pocketed are already safely in the bag. In the closing act, $SOL provided a formation worth keeping a close eye on, and I choose to look at it with a verification mindset. We all know that on the four-hour timeframe it has been hovering in a range, but now the price has been pushed up to an awkward spot—overhead resistance is right there, and the short-term cycle lacks the strength to reach it. This says a lot.
This is a structure I’m very familiar with. It often looks like it’s about to break out, but in reality it’s offering opportunities for short sellers. I’m not chasing the absolute lowest price—I only care that from this level downward is more likely than upward. And the risk is easier to manage. Just follow the strategy; the logic is that the rebound momentum is insufficient, so we look for support to the downside.
🔴 Trade Direction: Short
📍 Entry Range: 75.8275 – 75.8955
🛑 Stop Loss: 76.6704
🎯 Take Profit 1: 75.2547
🎯 Take Profit 2: 74.8503
🎯 Take Profit 3: 74.2436
Calm waters hide long-sightedness; the market rises and falls with composure.
Join “Fei Jie” and read the pulse of the wealth tide.
#SOL
Click below to trade 👇
This is a structure I’m very familiar with. It often looks like it’s about to break out, but in reality it’s offering opportunities for short sellers. I’m not chasing the absolute lowest price—I only care that from this level downward is more likely than upward. And the risk is easier to manage. Just follow the strategy; the logic is that the rebound momentum is insufficient, so we look for support to the downside.
🔴 Trade Direction: Short
📍 Entry Range: 75.8275 – 75.8955
🛑 Stop Loss: 76.6704
🎯 Take Profit 1: 75.2547
🎯 Take Profit 2: 74.8503
🎯 Take Profit 3: 74.2436
Calm waters hide long-sightedness; the market rises and falls with composure.
Join “Fei Jie” and read the pulse of the wealth tide.
#SOL
Click below to trade 👇