The SOL strategy we set up earlier has successfully captured its profit potential this time around. This isn’t a reversal—the high risk-to-reward ratio is speaking for itself. $ETH is below the moving averages on both the four-hour and hourly charts, and the bearish structure remains intact. Chasing shorts at this level isn’t especially attractive, but waiting for a rebound into resistance before entering makes all the difference.
I see sellers still driving the momentum, and the ADX reading also supports trend continuation. The daily chart is still ranging, but as long as the four-hour moving average resistance holds, any rebound is an opportunity for short entries. If volume fails to pick up near key levels, a pullback is likely. Trading isn’t about guessing the top—it’s about waiting for the structure to give a signal. I’ll only enter within the range; no chasing.
🔴 Trade direction: Short
📍 Entry range: 2421.40 – 2423.62
🛑 Stop loss: 2450.53
🎯 Take profit 1: 2401.51
🎯 Take profit 2: 2387.50
🎯 Take profit 3: 2366.49
Gaze upon the vastness of mountains and seas; observe the market’s subtle shifts.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#ETH
Click below to trade 👇
I see sellers still driving the momentum, and the ADX reading also supports trend continuation. The daily chart is still ranging, but as long as the four-hour moving average resistance holds, any rebound is an opportunity for short entries. If volume fails to pick up near key levels, a pullback is likely. Trading isn’t about guessing the top—it’s about waiting for the structure to give a signal. I’ll only enter within the range; no chasing.
🔴 Trade direction: Short
📍 Entry range: 2421.40 – 2423.62
🛑 Stop loss: 2450.53
🎯 Take profit 1: 2401.51
🎯 Take profit 2: 2387.50
🎯 Take profit 3: 2366.49
Gaze upon the vastness of mountains and seas; observe the market’s subtle shifts.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#ETH
Click below to trade 👇