10.13 Solana Trading Plan $SOL
Direction: Bearish bias; consider entering if the rebound meets resistance
Entry zone: 104.60–105.20
Risk zone: 106.20–106.80
Take-profit targets: 103.50 → 102.50 → 101.60
Key takeaways: SOL has fallen steadily from 113.36, reaching a low of 101.58, and has now rebounded to around 104.15. MA(7) is at 104.26, and MA(30) is at 103.95. Although there has been a rebound after the sharp drop, the overall downtrend remains intact. First, watch whether 104.60–105.20 acts as resistance; consider a bearish position if the rebound lacks strength. If the price breaks below 103.50, then watch 102.50 and the area around 101.58. If it regains and holds above 106.20, pause the short-term bearish strategy. $SOL #Sol
Direction: Bearish bias; consider entering if the rebound meets resistance
Entry zone: 104.60–105.20
Risk zone: 106.20–106.80
Take-profit targets: 103.50 → 102.50 → 101.60
Key takeaways: SOL has fallen steadily from 113.36, reaching a low of 101.58, and has now rebounded to around 104.15. MA(7) is at 104.26, and MA(30) is at 103.95. Although there has been a rebound after the sharp drop, the overall downtrend remains intact. First, watch whether 104.60–105.20 acts as resistance; consider a bearish position if the rebound lacks strength. If the price breaks below 103.50, then watch 102.50 and the area around 101.58. If it regains and holds above 106.20, pause the short-term bearish strategy. $SOL #Sol