The stack is bearish on SOL, a short is waiting.
đŽ SHORT $SOL /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 105.8508 â 106.1092
TP1: 103.2642 (-2.6%)
TP2: 101.4537 (-4.3%)
TP3: 98.7380 (-6.8%)
SL: 109.6010 (+3.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? SOL checklist: 6/12 agree, 1 against.
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 42.8)
âą BTC is falling, this coin follows (corr 0.83)
Watch: Far below its average, bounce likely (â4.0 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 109.6010
Bottom line: The strongest supporting factor is sellers are driving the move, while the main risk is a likely bounce after a sharp fall.
Do you see a bounce first or more downside?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â 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.
đŽ SHORT $SOL /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 105.8508 â 106.1092
TP1: 103.2642 (-2.6%)
TP2: 101.4537 (-4.3%)
TP3: 98.7380 (-6.8%)
SL: 109.6010 (+3.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? SOL checklist: 6/12 agree, 1 against.
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 42.8)
âą BTC is falling, this coin follows (corr 0.83)
Watch: Far below its average, bounce likely (â4.0 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 109.6010
Bottom line: The strongest supporting factor is sellers are driving the move, while the main risk is a likely bounce after a sharp fall.
Do you see a bounce first or more downside?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â 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.