$SOL When rising volume and selling pressure appear at the same time, I usually take a closer look. That’s exactly what BTC looks like on the four-hour chart right now—the price is trading below both moving averages. It rebounds to the resistance area, but gets pushed back down every time. Sellers clearly haven’t let up yet. You can feel it in the volume too: each push higher is weaker than the last, and buyers aren’t stepping in aggressively. There’s no need to rush into a trade. This pattern of bouncing back to resistance before moving lower is actually more comfortable than chasing a drop.
As long as the price stays below the moving averages, there’s still room to fall. I’m leaning bearish in line with this structure, but I’d keep the position size small and avoid fighting the trend. Do you think this rebound can hold?
🔴 Trade direction: Short
📍 Entry range: 89.3953 – 89.5025
🛑 Stop loss: 90.7389
🎯 Take profit 1: 88.4813
🎯 Take profit 2: 87.8363
🎯 Take profit 3: 86.8687
There’s no need to chase the wind; it will settle on its own.
Stand shoulder to shoulder with Sister Li, and let every moment leave an echo.
#SOL
Click below to trade 👇
As long as the price stays below the moving averages, there’s still room to fall. I’m leaning bearish in line with this structure, but I’d keep the position size small and avoid fighting the trend. Do you think this rebound can hold?
🔴 Trade direction: Short
📍 Entry range: 89.3953 – 89.5025
🛑 Stop loss: 90.7389
🎯 Take profit 1: 88.4813
🎯 Take profit 2: 87.8363
🎯 Take profit 3: 86.8687
There’s no need to chase the wind; it will settle on its own.
Stand shoulder to shoulder with Sister Li, and let every moment leave an echo.
#SOL
Click below to trade 👇