📊SOLUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 107.312
• Support: 98.41
• Resistance: 114.32
• Current Price: 108.98
📈Strategy:
Price is trading in a premium zone, rejecting the 114.32 swing high, aligning with the bearish bias. The 20 SMA at 107.312 is acting as dynamic resistance, adding to the downside pressure. A short entry near 108.98 with a stop above 112.2494 targets the 104.0759 level, offering a 1:1.5 R/R. Watch for a break below 107.312 to confirm further downside momentum.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 107.312
• Support: 98.41
• Resistance: 114.32
• Current Price: 108.98
📈Strategy:
Price is trading in a premium zone, rejecting the 114.32 swing high, aligning with the bearish bias. The 20 SMA at 107.312 is acting as dynamic resistance, adding to the downside pressure. A short entry near 108.98 with a stop above 112.2494 targets the 104.0759 level, offering a 1:1.5 R/R. Watch for a break below 107.312 to confirm further downside momentum.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇