I’m looking at $SOL /USDT around 101.22, and the first thing that stands out is price sitting just below the visible MA60 at 101.24. The recent push toward 101.31 was rejected, so for me the setup is leaning slightly bearish, but still needs confirmation.
Price has bounced from the 101.08 area and recovered toward 101.31, but it couldn’t hold above the MA60. I’m watching 101.24–101.27 closely now. A clear rejection there would make the short setup more attractive.
📍 Entry: 101.22–101.24
🎯 TP1: 101.18
🎯 TP2: 101.14
🎯 TP3: 101.08
🛑 Invalidation: 101.27
If price loses 101.18, I’d like to see continuation toward the lower visible levels. But if SOL reclaims and holds above 101.27, I’d step away from this setup because the bearish rejection idea would be weakening.
For me, this is a cautious short setup rather than a high-conviction trade. I’d wait for price action around the MA60 before committing.
Price has bounced from the 101.08 area and recovered toward 101.31, but it couldn’t hold above the MA60. I’m watching 101.24–101.27 closely now. A clear rejection there would make the short setup more attractive.
📍 Entry: 101.22–101.24
🎯 TP1: 101.18
🎯 TP2: 101.14
🎯 TP3: 101.08
🛑 Invalidation: 101.27
If price loses 101.18, I’d like to see continuation toward the lower visible levels. But if SOL reclaims and holds above 101.27, I’d step away from this setup because the bearish rejection idea would be weakening.
For me, this is a cautious short setup rather than a high-conviction trade. I’d wait for price action around the MA60 before committing.
