The final stretch often tests your patience the most. $SOL is now waiting for confirmation. The four-hour and one-hour trends are both pointing down, with price trading below the EMA50 and EMA200. At times like this, we should respect the structure rather than rush to buy the dip. The 15-minute momentum indicator shows sellers are still pushing, while the rebound remains weak. The moving-average band overhead is the first hurdle.
Personally, I’d lean toward considering a short on a rebound into the resistance zone, then watching to see whether the previous low can hold if price falls. The market won’t move in a straight line, so keeping your stop-loss in place matters more than anything. Just keep an eye on the key levels.
🔴 Trade direction: Short
📍 Entry range: 103.1486 – 103.3152
🛑 Stop loss: 104.8671
🎯 Take profit 1: 102.0055
🎯 Take profit 2: 101.1879
🎯 Take profit 3: 99.9614
There’s no need to chase the prevailing trend; it will come to a stop in time.
Stand alongside Sister Li, and let every moment leave an echo.
#SOL
Click below to trade 👇
Personally, I’d lean toward considering a short on a rebound into the resistance zone, then watching to see whether the previous low can hold if price falls. The market won’t move in a straight line, so keeping your stop-loss in place matters more than anything. Just keep an eye on the key levels.
🔴 Trade direction: Short
📍 Entry range: 103.1486 – 103.3152
🛑 Stop loss: 104.8671
🎯 Take profit 1: 102.0055
🎯 Take profit 2: 101.1879
🎯 Take profit 3: 99.9614
There’s no need to chase the prevailing trend; it will come to a stop in time.
Stand alongside Sister Li, and let every moment leave an echo.
#SOL
Click below to trade 👇