$SOL tried to bounce back… but buyers still can’t take control. 😬
I’m going to open a SHORT position here at $SOL .
TP: $102.93
SL: $104.36 👇🏻
SOLUSDT
Perp
102.23
-1.79%
Because $SOL bounced toward $104.3 and made a real attempt to recover, but once again sellers showed up and stopped the move.
That’s what I’m watching here.
Price had the chance to move higher and couldn’t. Now, if this rejection holds, I think the next move could head back toward the liquidity around $103–$102.9.
I’m not expecting anything complicated here.
Failed recovery, rejection from above, liquidity below: I’m going to open a short position
I’m going to open a SHORT position here at $SOL .
TP: $102.93
SL: $104.36 👇🏻
SOLUSDT
Perp
102.23
-1.79%
Because $SOL bounced toward $104.3 and made a real attempt to recover, but once again sellers showed up and stopped the move.
That’s what I’m watching here.
Price had the chance to move higher and couldn’t. Now, if this rejection holds, I think the next move could head back toward the liquidity around $103–$102.9.
I’m not expecting anything complicated here.
Failed recovery, rejection from above, liquidity below: I’m going to open a short position