Bounce into the EMA200 — squeeze is sellable.
🔴 $SOL - SHORT
Trade Plan:
Current Price: ~95.37
Entry Zone: 95.80 – 97.60
SL: 100.00
TP1: 92.80
TP2: 90.20
TP3: 85.50
SOL bounced to 95.37 after tagging 89.86 but is stalling right under the 97.76 horizontal resistance and the 4H EMA200 at 99.50. Medium-term trend remains bearish — five straight weekly losses and a 19.3% monthly decline — so this bounce is a lower high. Volume profile shows the heaviest node at 95.00–99.00 where breakdown longs are trapped. OI isn't expanding on the bounce and ETF outflows continue.
Fading the 95.80–97.60 retest or waiting for 92.80?
Click below for trade 👇
DYOR & manage risk!
$SOL
🔴 $SOL - SHORT
Trade Plan:
Current Price: ~95.37
Entry Zone: 95.80 – 97.60
SL: 100.00
TP1: 92.80
TP2: 90.20
TP3: 85.50
SOL bounced to 95.37 after tagging 89.86 but is stalling right under the 97.76 horizontal resistance and the 4H EMA200 at 99.50. Medium-term trend remains bearish — five straight weekly losses and a 19.3% monthly decline — so this bounce is a lower high. Volume profile shows the heaviest node at 95.00–99.00 where breakdown longs are trapped. OI isn't expanding on the bounce and ETF outflows continue.
Fading the 95.80–97.60 retest or waiting for 92.80?
Click below for trade 👇
DYOR & manage risk!
$SOL
