🔴 $SOL /USDT · Direction: SHORT POSITION
SOL is trading below a series of bearish EMAs on the 4-hour and 1-hour charts, so the price is likely to continue falling.
Entry: 72.3642 – 72.7158
TP1: 69.7145 (-3.9%)
TP2: 67.8309 (-6.5%)
TP3: 65.0054 (-10.4%)
SL: 76.3073 (+5.2%)
Why: Bearish EMAs on the 4-hour and 1-hour charts indicate a downward direction in both the medium-term and short-term trends.
Risk: The price has already dropped sharply, and bounces often occur from here (4-hour RSI is 22.1, indicating oversold conditions).
Plan: Close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to the entry level after TP1.
Do you agree that SOL will continue falling from here?
⚠️ Personal market analysis only. Not financial advice — manage your risks and do your own research.
Educational content, not investment advice
SOL is trading below a series of bearish EMAs on the 4-hour and 1-hour charts, so the price is likely to continue falling.
Entry: 72.3642 – 72.7158
TP1: 69.7145 (-3.9%)
TP2: 67.8309 (-6.5%)
TP3: 65.0054 (-10.4%)
SL: 76.3073 (+5.2%)
Why: Bearish EMAs on the 4-hour and 1-hour charts indicate a downward direction in both the medium-term and short-term trends.
Risk: The price has already dropped sharply, and bounces often occur from here (4-hour RSI is 22.1, indicating oversold conditions).
Plan: Close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to the entry level after TP1.
Do you agree that SOL will continue falling from here?
⚠️ Personal market analysis only. Not financial advice — manage your risks and do your own research.
Educational content, not investment advice