$SOL â SHORT đŽ
Entry Zones: 119.86, 121.00
TPs: 117.50, 114.00, 112.50, 110.00
SL: 123.50
The Truth: SOL broke below both MA7 (120.47) and MA25 (120.32) and is currently retesting them as resistance. The recent rejection from 124.95 shows sellers are defending the upside. If it fails to reclaim 121.00 with volume, expect a continuation down to the 117.50 support and possibly the 112.50 swing low. Only a clean breakout above 123.50 flips me to LONG targeting 128.00, 135.00.
Entry Zones: 119.86, 121.00
TPs: 117.50, 114.00, 112.50, 110.00
SL: 123.50
The Truth: SOL broke below both MA7 (120.47) and MA25 (120.32) and is currently retesting them as resistance. The recent rejection from 124.95 shows sellers are defending the upside. If it fails to reclaim 121.00 with volume, expect a continuation down to the 117.50 support and possibly the 112.50 swing low. Only a clean breakout above 123.50 flips me to LONG targeting 128.00, 135.00.
