📊SOLUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 106.861
• Support: 97.32
• Resistance: 114.32
• Current Price: 110.24
📈Strategy:
Price is trading in the premium zone below the 4H swing high of 114.32, confirming bearish structure. The 20 SMA at 106.861 acts as dynamic resistance, while the calculated short entry at 110.24 targets 105.2792 with a tight stop at 113.5472 for a 1:1.5 risk-to-reward. Look for a retest of resistance or a breakdown below the current range to confirm continuation. Manage risk accordingly.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 106.861
• Support: 97.32
• Resistance: 114.32
• Current Price: 110.24
📈Strategy:
Price is trading in the premium zone below the 4H swing high of 114.32, confirming bearish structure. The 20 SMA at 106.861 acts as dynamic resistance, while the calculated short entry at 110.24 targets 105.2792 with a tight stop at 113.5472 for a 1:1.5 risk-to-reward. Look for a retest of resistance or a breakdown below the current range to confirm continuation. Manage risk accordingly.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇