💥 $SOL Alpenglow debuted and the price didn’t even blink — I’m selling the dead-cat bounce
SOL is down 3.49% on the day and closed below its short-term moving averages
RSI at 45.6, with no bottom signal yet
The tape is selling: just 48.5% buy takers in the last hour
And with funding at +0.0076%, shorts get paid while they wait — longs pay to stay in
Order book ±2%: $53.7M in bids against $39.7M in asks
There’s a wall of bids below that price has been chewing through from above
Macro: BTC -3.52% and dominance rising +0.36%
Money is hiding in BTC and alts are taking the hit — that’s the wave behind this short
On-chain, the network is dormant: a 1 sat/vB fee and 44.7k transactions waiting
Nobody is buying the dip (Mempool)
📊 Signal: SHORT SOL
📍 Current price: $103.45
🎯 Zone: $103.45–$103.72 (dist. 0.0%)
- Limit order entry: 50% at $103.45 and 50% at $103.72
🛑 Stop loss: $103.88 (-0.28% from the average) — confirmed BEFORE entry
✅ TP1 — my take profit: $102.97, the 24h low
I’ll take profit on 50% there and move the stop to my entry
🏁 TP2: $101.12 — the 1.414 extension completes the downward move
Risk per trade: 2% of capital
R/R: 1:2.09 · 1:8.37
⏳ Valid: next 6h / as long as $103.88 holds
The $103.45–$103.72 zone is the bounce resistance — save it: the entry is at price and remains valid as long as the stop holds
Will price get rejected in the zone and keep falling, or will the buy wall hold?
Check out the chart with the zone marked — live price here 👇 SOL
SOL #Macro #Retest #Layer1 #Crypto
This is a plan, not financial advice.
SOL is down 3.49% on the day and closed below its short-term moving averages
RSI at 45.6, with no bottom signal yet
The tape is selling: just 48.5% buy takers in the last hour
And with funding at +0.0076%, shorts get paid while they wait — longs pay to stay in
Order book ±2%: $53.7M in bids against $39.7M in asks
There’s a wall of bids below that price has been chewing through from above
Macro: BTC -3.52% and dominance rising +0.36%
Money is hiding in BTC and alts are taking the hit — that’s the wave behind this short
On-chain, the network is dormant: a 1 sat/vB fee and 44.7k transactions waiting
Nobody is buying the dip (Mempool)
📊 Signal: SHORT SOL
📍 Current price: $103.45
🎯 Zone: $103.45–$103.72 (dist. 0.0%)
- Limit order entry: 50% at $103.45 and 50% at $103.72
🛑 Stop loss: $103.88 (-0.28% from the average) — confirmed BEFORE entry
✅ TP1 — my take profit: $102.97, the 24h low
I’ll take profit on 50% there and move the stop to my entry
🏁 TP2: $101.12 — the 1.414 extension completes the downward move
Risk per trade: 2% of capital
R/R: 1:2.09 · 1:8.37
⏳ Valid: next 6h / as long as $103.88 holds
The $103.45–$103.72 zone is the bounce resistance — save it: the entry is at price and remains valid as long as the stop holds
Will price get rejected in the zone and keep falling, or will the buy wall hold?
Check out the chart with the zone marked — live price here 👇 SOL
SOL #Macro #Retest #Layer1 #Crypto
This is a plan, not financial advice.