Pullback strategy: don’t chase the price; wait for the retest
$SOL is at $112.33 (+2.07% in 24h), close to the day’s high ($112.49). RSI-14 is at 56.6, but the price is still below the 4h SMA-50 ($115.73) and down 6.18% over 7 days: this is a recovery, not a confirmed trend.
Retest zone to watch: $110.05, the 4h SMA-20 that was broken on the way up. Confirmation would be a clear rejection in that zone and a close back in the favorable direction—not an automatic buy on the first touch.
Educational stop example: a close below $108.96, the 24h low, invalidates the idea. Define your risk before entering, and keep your position small.
Classic mistake: buying at the top out of FOMO, with no level or stop, and getting stuck in the first correction.
#Solana #CriptoVisao
Patience is a position.
$SOL is at $112.33 (+2.07% in 24h), close to the day’s high ($112.49). RSI-14 is at 56.6, but the price is still below the 4h SMA-50 ($115.73) and down 6.18% over 7 days: this is a recovery, not a confirmed trend.
Retest zone to watch: $110.05, the 4h SMA-20 that was broken on the way up. Confirmation would be a clear rejection in that zone and a close back in the favorable direction—not an automatic buy on the first touch.
Educational stop example: a close below $108.96, the 24h low, invalidates the idea. Define your risk before entering, and keep your position small.
Classic mistake: buying at the top out of FOMO, with no level or stop, and getting stuck in the first correction.
#Solana #CriptoVisao
Patience is a position.