I’m watching $SOL for a selling setup here.
SOL bounced strongly from the $103 area, but price is now running into resistance around $107.13. The first reaction from that level already showed some selling pressure, so I’m watching to see if buyers fail there again.
Entry: $106.50–$107.10
Targets:
TP1: $105.80
TP2: $105.00
TP3: $103.05
SL: Above $107.50
For me, $107.13 is the key level. As long as SOL stays below it, a pullback still makes sense. If buyers reclaim $107.5 cleanly, I’d drop the short idea and wait for a better setup.
SOL bounced strongly from the $103 area, but price is now running into resistance around $107.13. The first reaction from that level already showed some selling pressure, so I’m watching to see if buyers fail there again.
Entry: $106.50–$107.10
Targets:
TP1: $105.80
TP2: $105.00
TP3: $103.05
SL: Above $107.50
For me, $107.13 is the key level. As long as SOL stays below it, a pullback still makes sense. If buyers reclaim $107.5 cleanly, I’d drop the short idea and wait for a better setup.
