The ONDO strategy I sent earlier from the previous round has already booked profits. To be honest, the undercurrents are showing—$SOL ’s market structure is giving signals, but market disagreement is also ramping up in parallel. This is exactly the kind of position I like.
After the price slipped down from the upper side, it didn’t show a decent recovery. Each rebound has been weaker than the last, and volume hasn’t followed through. That suggests the bulls aren’t actively pushing in this zone. Since it can’t go up, the structure is leaning toward continuing to seek liquidity to the downside.
On the 4-hour timeframe, the sell pressure near the prior high is very clear. Every time price tries to rise, it gets pushed back down, forming a series of lower highs. In this kind of pattern, rebounds look more like making way for the shorts rather than a trend reversal. In terms of volume structure: during the sell-off, trading volume expands; during the rebound, volume contracts—typical of seller-dominated momentum.
As for the key level: the area above is the short-side defense for this move. As long as price can’t effectively reclaim it, the downside logic won’t be broken. How do we calculate risk-reward? The resistance area overhead isn’t far from the current price, so the stop-loss room is manageable. The downside target range has enough room to open up, making the payout attractive.
Of course, the market won’t move straight through—there will likely be back-and-forth pulls in the middle. But as long as the structure doesn’t change, I’m inclined to follow this direction.
Some will ask: what if it’s a fake breakdown and then snaps back? Then it depends on whether it can reclaim the key level with volume. If it can’t reclaim it, any rebound is an “escape wave.” Trading is about probability and structure—not guessing bottoms or tops.
From this position, I’m bearish. Reaching the resistance zone is an opportunity to add on shorts, not a reason to chase longs. In terms of timing, don’t rush—wait for the market to confirm.
$SOL
🔴 Trade direction: Short
📍 Entry range: 122.02 – 125.02
🛑 Stop-loss: 126.52
🎯 Take-profit 1: 119.02
🎯 Take-profit 2: 116.02
To have a broad view of the mountains and seas, and observe the subtle movements of the market.
Travel with Uncle Xiong—witness gains and losses under the sky.
#SOL
Click below to trade 👇
After the price slipped down from the upper side, it didn’t show a decent recovery. Each rebound has been weaker than the last, and volume hasn’t followed through. That suggests the bulls aren’t actively pushing in this zone. Since it can’t go up, the structure is leaning toward continuing to seek liquidity to the downside.
On the 4-hour timeframe, the sell pressure near the prior high is very clear. Every time price tries to rise, it gets pushed back down, forming a series of lower highs. In this kind of pattern, rebounds look more like making way for the shorts rather than a trend reversal. In terms of volume structure: during the sell-off, trading volume expands; during the rebound, volume contracts—typical of seller-dominated momentum.
As for the key level: the area above is the short-side defense for this move. As long as price can’t effectively reclaim it, the downside logic won’t be broken. How do we calculate risk-reward? The resistance area overhead isn’t far from the current price, so the stop-loss room is manageable. The downside target range has enough room to open up, making the payout attractive.
Of course, the market won’t move straight through—there will likely be back-and-forth pulls in the middle. But as long as the structure doesn’t change, I’m inclined to follow this direction.
Some will ask: what if it’s a fake breakdown and then snaps back? Then it depends on whether it can reclaim the key level with volume. If it can’t reclaim it, any rebound is an “escape wave.” Trading is about probability and structure—not guessing bottoms or tops.
From this position, I’m bearish. Reaching the resistance zone is an opportunity to add on shorts, not a reason to chase longs. In terms of timing, don’t rush—wait for the market to confirm.
$SOL
🔴 Trade direction: Short
📍 Entry range: 122.02 – 125.02
🛑 Stop-loss: 126.52
🎯 Take-profit 1: 119.02
🎯 Take-profit 2: 116.02
To have a broad view of the mountains and seas, and observe the subtle movements of the market.
Travel with Uncle Xiong—witness gains and losses under the sky.
#SOL
Click below to trade 👇