$SOL - SHORT read (x40)
Most traders miss what positive funding on $SOL is actually telling them.
The first one reached every target. This one starts from a worse place.
It looks backwards at first, since longs pay to stay in while price struggles. That cost builds pressure on the side that is already losing ground. My read is the 15-minute sell trigger now lines up with the bigger idea. Price near 103.49 decides it.
TRADE PLAN
Entry zone: 103.49 - 103.59 (ref 103.553)
TP1: 102.7 (+0.82%)
TP2: 102 (+1.50%)
TP3: 101.3 (+2.18%)
Stop loss: 104.34 (-0.76%)
⚠️ Personal market insight, not investment advice. DYOR.
Most traders miss what positive funding on $SOL is actually telling them.
The first one reached every target. This one starts from a worse place.
It looks backwards at first, since longs pay to stay in while price struggles. That cost builds pressure on the side that is already losing ground. My read is the 15-minute sell trigger now lines up with the bigger idea. Price near 103.49 decides it.
TRADE PLAN
Entry zone: 103.49 - 103.59 (ref 103.553)
TP1: 102.7 (+0.82%)
TP2: 102 (+1.50%)
TP3: 101.3 (+2.18%)
Stop loss: 104.34 (-0.76%)
⚠️ Personal market insight, not investment advice. DYOR.