đ SOL â PULLBACK & MOVING AVERAGE RETRACEMENT! đ»
$SOL (Solana) is trading lower at 108.17 (-1.14%, or roughly Rs29,947.95), moving within an active 24-hour range between a high of 109.87 and a low of 101.56. Price action on this 4-hour chart displays a cooling pullback following a rejection from higher swing regions, currently hovering right near the fast MA(7) (107.58) and MA(25) (109.53) bands while remaining suppressed below the macro structural MA(99) (116.30) line.
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 102.00â107.50 (on strong defense and stabilization around the lower moving average cluster)
đ STOP LOSS: 99.50
đŻ TP1: 115.00
đŻ TP2: 122.00
Are you watching for a strong bounce off the current support zone on Solana, or waiting for a reclaim of the MA(25) line? Let's discuss below! đ
đ Trade: $SOL
#solana #sol #cryptotrading #BinanceSquare #bullish
$SOL (Solana) is trading lower at 108.17 (-1.14%, or roughly Rs29,947.95), moving within an active 24-hour range between a high of 109.87 and a low of 101.56. Price action on this 4-hour chart displays a cooling pullback following a rejection from higher swing regions, currently hovering right near the fast MA(7) (107.58) and MA(25) (109.53) bands while remaining suppressed below the macro structural MA(99) (116.30) line.
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 102.00â107.50 (on strong defense and stabilization around the lower moving average cluster)
đ STOP LOSS: 99.50
đŻ TP1: 115.00
đŻ TP2: 122.00
Are you watching for a strong bounce off the current support zone on Solana, or waiting for a reclaim of the MA(25) line? Let's discuss below! đ
đ Trade: $SOL
#solana #sol #cryptotrading #BinanceSquare #bullish