๐ SOL โ PULLBACK & TESTING INTERMEDIATE SUPPORT! ๐ด
$SOL (Solana) is trading lower at 114.50 (-3.17%), correcting from its recent 24h high of 119.68 down to a low of 112.80. Price action on this 4H chart has pulled back below the fast MA(7) (116.98) and MA(25) (114.41), while continuing to hold well above the broader structural MA(99) (105.39).
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 108.00โ113.50 (on stabilization and defense near local demand and the approaching MA bands)
๐ STOP LOSS: 104.50
๐ฏ TP1: 118.50
๐ฏ TP2: 125.00
Are you buying this SOL dip as it tests the moving average zone, or waiting for a deeper pullback before entering? Let's discuss below! ๐
๐ Trade: $SOL
#Solana #SOL #cryptotrading #BinanceSquare #Correction
$SOL (Solana) is trading lower at 114.50 (-3.17%), correcting from its recent 24h high of 119.68 down to a low of 112.80. Price action on this 4H chart has pulled back below the fast MA(7) (116.98) and MA(25) (114.41), while continuing to hold well above the broader structural MA(99) (105.39).
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 108.00โ113.50 (on stabilization and defense near local demand and the approaching MA bands)
๐ STOP LOSS: 104.50
๐ฏ TP1: 118.50
๐ฏ TP2: 125.00
Are you buying this SOL dip as it tests the moving average zone, or waiting for a deeper pullback before entering? Let's discuss below! ๐
๐ Trade: $SOL
#Solana #SOL #cryptotrading #BinanceSquare #Correction
