$SOL Stay calm and read the market; only signals backed by increasing volume are reliable. BTC's four-hour and hourly trends remain below the moving-average band. The bearish EMA50/EMA200 alignment remains intact, and each rebound has come on weaker volume. Given this structure, I favor following the trend and looking for a pullback. Repeated failed attempts to break through the heavy-volume zone overhead suggest sellers are still willing to defend key levels, making it more likely that price will move along the path of least resistance.
A rebound is still possible, but as long as price doesn't reclaim the upper edge of the moving-average band, the bearish structure remains intact. I'm watching for continuation after the rebound fades, rather than chasing volatility.
🔴 Trade direction: Short
📍 Entry range: 79.7562 – 80.0275
🛑 Stop loss: 82.3441
🎯 Take profit 1: 78.0527
🎯 Take profit 2: 76.8266
🎯 Take profit 3: 74.9874
Behold the vastness of mountains and seas; discern the market's finer details.
Walk alongside Uncle Xiong, and witness the gains and losses of heaven and earth.
#SOL
Click below to trade 👇
A rebound is still possible, but as long as price doesn't reclaim the upper edge of the moving-average band, the bearish structure remains intact. I'm watching for continuation after the rebound fades, rather than chasing volatility.
🔴 Trade direction: Short
📍 Entry range: 79.7562 – 80.0275
🛑 Stop loss: 82.3441
🎯 Take profit 1: 78.0527
🎯 Take profit 2: 76.8266
🎯 Take profit 3: 74.9874
Behold the vastness of mountains and seas; discern the market's finer details.
Walk alongside Uncle Xiong, and witness the gains and losses of heaven and earth.
#SOL
Click below to trade 👇