Someone in the group is asking about SOL again. This time, here’s a direct plan
【Short】at the current price 117.39
Trading plan: Short at 117.39 right away; stop loss at 119.63. If it breaks above, admit the mistake.
· Support at 116.73—if it drops near there, people will step in to buy; Resistance at 120.59—if it rises near there, it’s easy to get sold off
How to do it (short):
· Entry: Short at the current price 117.39 immediately
· Loss limit: 119.63 (if you’re down 1.9%, accept it—don’t hold and “tough it out”)
· Take profit: 110.68 (first target—when reached, reduce by half first)
· Position: Try with 1–2% of your money first; don’t go all-in
⚠️ The big-picture direction on the 4H hasn’t been fully established yet. This trade is against the small timeframe: cut the position by half; don’t move the stop loss.
(Win rate is based on historical stats and isn’t guaranteed; if you copy-trade, always use a stop loss and control your position size)
$SOL current price 117.39—looks cheap, but “cheap” isn’t a reason to rise. The market is currently controlled by the bears. All moving averages are sitting above price, and every bounce gets knocked back. If you really want to participate: short once at 117.39; stop loss 119.63; look down to 107.39.
24h turnover 260.8M, and volume is still there, which suggests the funds haven’t left.
The 20-day line at 118.06 is already overhead. If it can’t break through on the rebound, then bears remain in control.
My own trade: I shorted at the current price 117.39 once, with stop loss at 119.63, using a light position.
Near 116.73, reduce by half first; the rest depends on whether it can break—if it breaks, then hold.
24h -1.6%.
The short-term range is very clear: support 116.73, resistance 120.59. If you’re shorting, use resistance as the line in the sand.
Funding rate -0.0023%, long/short is still fairly balanced—nothing extreme.
Let’s do the math: down to support 116.73 is 0.6%; up to resistance 120.59 is 2.7%. The upside/downside space here isn’t enough to cover the risk—don’t do anything at this point.
What do you think? Let’s chat in the comments.
【Live Scan · $SOL 】(1-hour main track + 4H filtering)
4H trend: Strong bears | 1H pattern: Not confirmed yet (keep waiting)
Long/short score: 9 points (bears alignment +3 | MACD still bearish +1 | below zero axis +1 | RSI stabilizing +1 | near EMA20 +1 | top reversal +2)
Current price 117.39 RSI 37.84 Support 116.73 / Resistance 120.59
Conclusion: Bearish score is dominant (pattern not fully confirmed) → Prefer a bearish stance; wait to short at the resistance level after a rebound
$SOL
【Short】at the current price 117.39
Trading plan: Short at 117.39 right away; stop loss at 119.63. If it breaks above, admit the mistake.
· Support at 116.73—if it drops near there, people will step in to buy; Resistance at 120.59—if it rises near there, it’s easy to get sold off
How to do it (short):
· Entry: Short at the current price 117.39 immediately
· Loss limit: 119.63 (if you’re down 1.9%, accept it—don’t hold and “tough it out”)
· Take profit: 110.68 (first target—when reached, reduce by half first)
· Position: Try with 1–2% of your money first; don’t go all-in
⚠️ The big-picture direction on the 4H hasn’t been fully established yet. This trade is against the small timeframe: cut the position by half; don’t move the stop loss.
(Win rate is based on historical stats and isn’t guaranteed; if you copy-trade, always use a stop loss and control your position size)
$SOL current price 117.39—looks cheap, but “cheap” isn’t a reason to rise. The market is currently controlled by the bears. All moving averages are sitting above price, and every bounce gets knocked back. If you really want to participate: short once at 117.39; stop loss 119.63; look down to 107.39.
24h turnover 260.8M, and volume is still there, which suggests the funds haven’t left.
The 20-day line at 118.06 is already overhead. If it can’t break through on the rebound, then bears remain in control.
My own trade: I shorted at the current price 117.39 once, with stop loss at 119.63, using a light position.
Near 116.73, reduce by half first; the rest depends on whether it can break—if it breaks, then hold.
24h -1.6%.
The short-term range is very clear: support 116.73, resistance 120.59. If you’re shorting, use resistance as the line in the sand.
Funding rate -0.0023%, long/short is still fairly balanced—nothing extreme.
Let’s do the math: down to support 116.73 is 0.6%; up to resistance 120.59 is 2.7%. The upside/downside space here isn’t enough to cover the risk—don’t do anything at this point.
What do you think? Let’s chat in the comments.
【Live Scan · $SOL 】(1-hour main track + 4H filtering)
4H trend: Strong bears | 1H pattern: Not confirmed yet (keep waiting)
Long/short score: 9 points (bears alignment +3 | MACD still bearish +1 | below zero axis +1 | RSI stabilizing +1 | near EMA20 +1 | top reversal +2)
Current price 117.39 RSI 37.84 Support 116.73 / Resistance 120.59
Conclusion: Bearish score is dominant (pattern not fully confirmed) → Prefer a bearish stance; wait to short at the resistance level after a rebound
$SOL
