Are sellers finally regaining control of SOL?
đŽ SHORT $SOL /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 104.0293 â 104.1907
TP1: 102.6659 (-1.4%)
TP2: 101.7031 (-2.3%)
TP3: 100.2590 (-3.7%)
SL: 106.0355 (+1.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers have the momentum (4h RSI 44.9)
Risk: BTC is rising, this coin follows (corr 0.93)
Journal note: SOL
I'm watching for a short entry on SOL because the 4h trend shows a bearish stack with price below both EMAs, and the 4h RSI at 44.9 confirms bearish momentum. I want to see price push below 104.1907 to confirm the move, with the 1h price at 104.1100 as the immediate reference. The main risk is that BTC is in a bullish trend with 0.93 correlation, so it could pull SOL up.
Where do you want your invalidation level for this trade?
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 · Leaning
Entry: 104.0293 â 104.1907
TP1: 102.6659 (-1.4%)
TP2: 101.7031 (-2.3%)
TP3: 100.2590 (-3.7%)
SL: 106.0355 (+1.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers have the momentum (4h RSI 44.9)
Risk: BTC is rising, this coin follows (corr 0.93)
Journal note: SOL
I'm watching for a short entry on SOL because the 4h trend shows a bearish stack with price below both EMAs, and the 4h RSI at 44.9 confirms bearish momentum. I want to see price push below 104.1907 to confirm the move, with the 1h price at 104.1100 as the immediate reference. The main risk is that BTC is in a bullish trend with 0.93 correlation, so it could pull SOL up.
Where do you want your invalidation level for this trade?
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.