โ ๏ธ SOL $111.09 - At the critical support zone
Scalping update now - 1 minute
๐ Current price:
$111.09 (-2.11%)
High: $114.22
Low: $110.88
๐ Technical analysis:
- Short-term: Bearish - lower lows
- Support: 110.90 tested 3+ times and holding
- Resistance: 112.50-112.80
- MA Squeeze: pressure is active = a breakout is soon!
โ The bullish structure is still intact as long as it stays above 110.90
The 4-hour uptrend hasnโt been broken yet
๐ฏ Scalping plan:
Long entry: 110.90-111.00
Invalidation: below 110.70
Target: 112.50 โ 113.20
Tight stop: below 110.60
Will support hold or will we see 110.70?
#SOL #Scalping #Solana
Scalping update now - 1 minute
๐ Current price:
$111.09 (-2.11%)
High: $114.22
Low: $110.88
๐ Technical analysis:
- Short-term: Bearish - lower lows
- Support: 110.90 tested 3+ times and holding
- Resistance: 112.50-112.80
- MA Squeeze: pressure is active = a breakout is soon!
โ The bullish structure is still intact as long as it stays above 110.90
The 4-hour uptrend hasnโt been broken yet
๐ฏ Scalping plan:
Long entry: 110.90-111.00
Invalidation: below 110.70
Target: 112.50 โ 113.20
Tight stop: below 110.60
Will support hold or will we see 110.70?
#SOL #Scalping #Solana
