🔴 $SOL Trade Setup — SHORT (with-trend breakdown)
SOL has lost the $100 handle (currently around $97), and the price is below all 7/20/50-day moving averages. ETF outflows of $24.8M in 2 days and a whale selling 1.02M SOL over 5 days are creating pressure — the bias remains bearish until $100 is reclaimed.
📍 Entry: $96.00–$97.80 (retest of the broken $97.80 resistance)
🛑 Stop-loss: Daily close above $100.55 → setup cancelled
🎯 Target 1: $94.29 | Target 2: $91.57 | Target 3: $88.84
❌ Invalidation: If there is a daily close above $100.55, the setup is over.
✅ Confirm: Hourly close below $94.29 → breakdown leg confirmed.
⚠️ Biggest risk: RSI is near 30 — a short-squeeze bounce could occur from the oversold zone. This is not a trade prediction, but a disciplined setup; manage your own risk.
Has SOL lost $100 for good, or will it reclaim it? Let me know in the comments! 👇
$SOL
#solana #crypto
SOL has lost the $100 handle (currently around $97), and the price is below all 7/20/50-day moving averages. ETF outflows of $24.8M in 2 days and a whale selling 1.02M SOL over 5 days are creating pressure — the bias remains bearish until $100 is reclaimed.
📍 Entry: $96.00–$97.80 (retest of the broken $97.80 resistance)
🛑 Stop-loss: Daily close above $100.55 → setup cancelled
🎯 Target 1: $94.29 | Target 2: $91.57 | Target 3: $88.84
❌ Invalidation: If there is a daily close above $100.55, the setup is over.
✅ Confirm: Hourly close below $94.29 → breakdown leg confirmed.
⚠️ Biggest risk: RSI is near 30 — a short-squeeze bounce could occur from the oversold zone. This is not a trade prediction, but a disciplined setup; manage your own risk.
Has SOL lost $100 for good, or will it reclaim it? Let me know in the comments! 👇
$SOL
#solana #crypto
