Dip-buy opportunity, rationale below | $SOL ↑
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On the 1d timeframe, price is 7.2% below the 25-day moving average, with a clear oversold divergence. The 15m chart is consolidating in the short term, while higher-timeframe indicators are confirming the setup: the 1h MACD has formed a golden cross. The higher-timeframe divergence sets the direction, while the lower timeframe consolidates—multiple indicators are aligning, so the buy setup is in place.
Entry: $107.72
Stop-loss: $107.149
Target: $108.576
I’ve set a tight stop-loss. What do you think? Trade at your own risk.
#SOL #BTC #Futures
━━━━━━━━━━━━━━━━
On the 1d timeframe, price is 7.2% below the 25-day moving average, with a clear oversold divergence. The 15m chart is consolidating in the short term, while higher-timeframe indicators are confirming the setup: the 1h MACD has formed a golden cross. The higher-timeframe divergence sets the direction, while the lower timeframe consolidates—multiple indicators are aligning, so the buy setup is in place.
Entry: $107.72
Stop-loss: $107.149
Target: $108.576
I’ve set a tight stop-loss. What do you think? Trade at your own risk.
#SOL #BTC #Futures