$SOL — Short-Term Setup
$SOL is trading around $74.73, holding just above MA60 at $74.63.
🟢 Bulls have reclaimed MA60
⚠️ RSI(6) at 76.79 = strong momentum, but clearly overbought.
📈 LONG: Hold above $74.60 + break $75.14
🎯 TP1: $75.50
🎯 TP2: $76.00
🛑 SL: $74.35
📉 SHORT: Rejection at $75.14 + break below $74.60
🎯 TP1: $74.20
🎯 TP2: $73.85
🛑 SL: $75.35
💡 My view: $SOL remains bullish, but chasing at $74.73 looks risky with RSI this high. I’d rather wait for a confirmed breakout or a pullback toward MA60.
🔥 LONG or SHORT?
#Solana #CryptoTrading #BinanceSquare #Crypto #SOL
$SOL is trading around $74.73, holding just above MA60 at $74.63.
🟢 Bulls have reclaimed MA60
⚠️ RSI(6) at 76.79 = strong momentum, but clearly overbought.
📈 LONG: Hold above $74.60 + break $75.14
🎯 TP1: $75.50
🎯 TP2: $76.00
🛑 SL: $74.35
📉 SHORT: Rejection at $75.14 + break below $74.60
🎯 TP1: $74.20
🎯 TP2: $73.85
🛑 SL: $75.35
💡 My view: $SOL remains bullish, but chasing at $74.73 looks risky with RSI this high. I’d rather wait for a confirmed breakout or a pullback toward MA60.
🔥 LONG or SHORT?
#Solana #CryptoTrading #BinanceSquare #Crypto #SOL