SOL is range bound with no clear edge yet.

$SOL /USDT: NO TRADE YET, waiting for one side to break
Bias: NEUTRAL · 2 bullish vs 2 bearish

The plan is conditional:
LONG on a 1h close above 111.0360 → targets 112.1823 / 112.9465 / 114.0929, stop 109.5076
SHORT on a 1h close below 108.4100 → targets 107.2637 / 106.4994 / 105.3531, stop 109.9384
In between (2.4% wide): no edge, no trade.

Technical read: NEUTRAL. 2 of 12 signals bullish, 2 bearish, 8 undecided.
For the bulls:
• Daily trend: price > EMA50 > EMA200, bullish stack → the big-picture trend is up
• BTC backdrop: BTC trend is bullish and correlation is 0.66 → BTC is rising and this coin tends to follow
For the bears:
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
• 4h RSI: 34.1, bearish momentum (below 45) → sellers have the momentum

Why I'm flat:
There is no trade right now because the daily trend is bullish but the 1h trend is bearish. The strongest bullish factor is the daily trend showing a bullish stack, while the strongest bearish factor is the 1h trend showing a bearish stack. Both sides are balanced, so I am waiting. A long setup is valid if the 1h candle closes above 111.0360, while a short setup is valid if it closes below 108.4100.

Which trigger level do you think SOL will respect first, 111.0360 or 108.4100?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.