šSOLUSDT 4H Market Update
ā¢ Trend: Bearish
ā¢ SMA (20): 105.543
ā¢ Support: 102.99
ā¢ Resistance: 109.18
ā¢ Current Price: 103.92
šStrategy:
Price is trading below the 20 SMA and key resistance at 109.18, confirming bearish momentum. The discount zone suggests potential for a bounce, but current structure favors shorts. Entry at 103.92 with stop above 107.04 targets next support near 99.24, offering a 1:1.5 R/R. Watch for rejection at 102.99 support; a breakdown could accelerate selling.
š Don't forget to follow for more updates! & Your Future Eye
ā ļø Not financial advice - always DYOR.
Click Here To Trade š
ā¢ Trend: Bearish
ā¢ SMA (20): 105.543
ā¢ Support: 102.99
ā¢ Resistance: 109.18
ā¢ Current Price: 103.92
šStrategy:
Price is trading below the 20 SMA and key resistance at 109.18, confirming bearish momentum. The discount zone suggests potential for a bounce, but current structure favors shorts. Entry at 103.92 with stop above 107.04 targets next support near 99.24, offering a 1:1.5 R/R. Watch for rejection at 102.99 support; a breakdown could accelerate selling.
š Don't forget to follow for more updates! & Your Future Eye
ā ļø Not financial advice - always DYOR.
Click Here To Trade š