$SOL 86.56 Wait for the overhead structure to resolve; I won’t force a trade today.
The latest completed hourly candle closed at 86.62, above the previous candle’s 86.11, but the current price is still below the 20-hour average closing price of 87.242 and the high of the last 6 candles, 87.29.
Hourly trading volume is only 0.93 times the average of the previous 6 candles. The bounce is here, but there’s still no confirmation of a break above resistance. I’ll watch this upper boundary and decide later whether a valid plan is taking shape. No entry instruction for now.
Data: November 9, 21:33 UTC+8, Binance spot. For observation only.
The latest completed hourly candle closed at 86.62, above the previous candle’s 86.11, but the current price is still below the 20-hour average closing price of 87.242 and the high of the last 6 candles, 87.29.
Hourly trading volume is only 0.93 times the average of the previous 6 candles. The bounce is here, but there’s still no confirmation of a break above resistance. I’ll watch this upper boundary and decide later whether a valid plan is taking shape. No entry instruction for now.
Data: November 9, 21:33 UTC+8, Binance spot. For observation only.