The NEAR strategy we discussed earlier paid off nicely this time—congrats to everyone who got in～ The real breakout often comes after a reversal. This bounce in $SOL looks lively, but the price never managed to get back above the moving average on the 1-hour chart, and the RSI is still weak. In short, sellers haven’t let up yet.
Don’t get lured in by a false breakout above the range. I think this area looks more like an opportunity for bears. The daily trend is still a little uncertain, so let’s keep positions small and wait for confirmation before considering adding. No need to rush in.
🔴 Trade direction: Short
📍 Entry range: 104.2206 – 104.3544
🛑 Stop loss: 105.8709
🎯 Take profit 1: 103.1000
🎯 Take profit 2: 102.3084
🎯 Take profit 3: 101.1208
There’s no need to chase the prevailing winds; they’ll come around in their own time.
Stand alongside Sister Li, and let every moment resonate.
#SOL
Click below to trade 👇
Don’t get lured in by a false breakout above the range. I think this area looks more like an opportunity for bears. The daily trend is still a little uncertain, so let’s keep positions small and wait for confirmation before considering adding. No need to rush in.
🔴 Trade direction: Short
📍 Entry range: 104.2206 – 104.3544
🛑 Stop loss: 105.8709
🎯 Take profit 1: 103.1000
🎯 Take profit 2: 102.3084
🎯 Take profit 3: 101.1208
There’s no need to chase the prevailing winds; they’ll come around in their own time.
Stand alongside Sister Li, and let every moment resonate.
#SOL
Click below to trade 👇