🔴 $SOL Solana's 4h is a textbook descending channel and the 74.77 bounce is already failing: two small green candles died under MA5/EMA5 (76.03/76.42) and the current doji sits back at 75.80 with MA10/EMA10 (77.91/77.76) and the Bollinger midline at 80.48 stacked overhead from the 89.98 breakdown. The tape agrees — net new longs at -11.6M keep bleeding while +14.6M of net shorts ride the trend, and with price pinned to the 74.32 lower band the path of least resistance is a band-walk down, so sell 75.60-76.00 now.

Trade Setup
Entry: 75.60 - 76.00
Stop-Loss: 78.0
Targets: 71.4 - 69.2 - 67.0

Trade smart, protect your capital, and always manage your own risk. Personal analysis only not financial advice.

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