TRADER MINDSET
đ§ Momentum Is Not Confirmation
SOL has moved strongly from the lower structure.
Now price is sitting directly below 119.60.
This is where traders often make the mistake of chasing.
The chart gives us a simple framework:
118.66
â base
119.23
â intermediate Fib
119.60
â breakout decision
119.97 â 120.34 â 120.71
â expansion levels
The question isn't:
âSOL is going up, so should I chase?â
The better question is:
âCan SOL break 119.60 and actually hold it?â
If yes, the market has provided confirmation.
If not, the current move can still turn into a pullback.
Don't chase momentum.
Wait for structure to confirm it.
â @nayrbryanGaming
#TraderMindset #Discipline #NoFOMO #SOL #DYOR #NFA
đ§ Momentum Is Not Confirmation
SOL has moved strongly from the lower structure.
Now price is sitting directly below 119.60.
This is where traders often make the mistake of chasing.
The chart gives us a simple framework:
118.66
â base
119.23
â intermediate Fib
119.60
â breakout decision
119.97 â 120.34 â 120.71
â expansion levels
The question isn't:
âSOL is going up, so should I chase?â
The better question is:
âCan SOL break 119.60 and actually hold it?â
If yes, the market has provided confirmation.
If not, the current move can still turn into a pullback.
Don't chase momentum.
Wait for structure to confirm it.
â @nayrbryanGaming
#TraderMindset #Discipline #NoFOMO #SOL #DYOR #NFA
