$SOL BIG SHORT — the CPI bounce is fading, downtrend taking over.
It dumped to 82.32 on the CPI spike, bounced back, but sellers are capping every push under the key averages. Momentum is still pointing down.
$SOL — SHORT Setup
Entry: 84.60 – 85.00
SL: 86.10
TP1: 83.40
TP2: 82.32
TP3: 81.20
Must use stop loss. Invalid if a 1H candle closes above 86.10.
Is heading back to the 82.32 low, or does the bounce have more legs?
Not financial advice. DYOR.
$SOL #Altcoins #cryptotrading
It dumped to 82.32 on the CPI spike, bounced back, but sellers are capping every push under the key averages. Momentum is still pointing down.
$SOL — SHORT Setup
Entry: 84.60 – 85.00
SL: 86.10
TP1: 83.40
TP2: 82.32
TP3: 81.20
Must use stop loss. Invalid if a 1H candle closes above 86.10.
Is heading back to the 82.32 low, or does the bounce have more legs?
Not financial advice. DYOR.
$SOL #Altcoins #cryptotrading