$SOL The overall trend remains bullish, but the short-term trend is in a pullback/consolidation. The price is forming lower highs (122, 121) and lower lows (119, 118), indicating short-term selling pressure within the broader range.
🟢 Long scenario (preferred)
· $SOL Long entry: Consider entering near the 118–119 zone (recent support)
· Stop-loss: Below 116 (recent swing low)
· Take-profit:
· TP 1: 122 (recent 1H local high)
· TP 2: 124 (major 4H resistance)
🔴 $SOL Short scenario: A short-term breakdown may occur only if the price fails to hold 118 support, or faces strong rejection at 122 resistance.
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#sol #solana
🟢 Long scenario (preferred)
· $SOL Long entry: Consider entering near the 118–119 zone (recent support)
· Stop-loss: Below 116 (recent swing low)
· Take-profit:
· TP 1: 122 (recent 1H local high)
· TP 2: 124 (major 4H resistance)
🔴 $SOL Short scenario: A short-term breakdown may occur only if the price fails to hold 118 support, or faces strong rejection at 122 resistance.
Support me by trading here 👇
#sol #solana
