$SOL is in a DOWNTREND recovery, not a pump top.
What you think — Long or Short?
Right now. NO TRADE ZONE. Wait for confirmation.
If you MUST trade today
*1. SHORT (Scalp at Resistance) — 60% probability*
- Entry: $96.80 - $97.80 (EMA50 retest)
- Ideal Short: $97.50
- Target 1: $95.00
- Target 2: $93.50 (24h Low)
- Target 3: $92.34 (Last bottom)
- SL: $98.80 (Above 24h High $98.59)
- Reason: Downtrend still intact, EMA50 is holding as resistance
2. LONG (Breakout Trade) — 40% probability,
- ONLY long if SOL breaks $97.58 + closes 1h above it
- Entry: $98.00 - $98.50 on breakout
- Target 1: $100.00
- Target 2: $101.50
- Target 3: $103.18 (Last High)
- SL: $96.00 (Below EMA20)
My Final Call for SOL:
*Don't long at $96.43.* You are buying at resistance.
Either:
Short the $97.50 resistance with tight SL, OR
Wait for $98.60 breakout to confirm long.
For safe long, best buy is $93.50 - $94.00 dip, not $96.43
$SOL
What you think — Long or Short?
Right now. NO TRADE ZONE. Wait for confirmation.
If you MUST trade today
*1. SHORT (Scalp at Resistance) — 60% probability*
- Entry: $96.80 - $97.80 (EMA50 retest)
- Ideal Short: $97.50
- Target 1: $95.00
- Target 2: $93.50 (24h Low)
- Target 3: $92.34 (Last bottom)
- SL: $98.80 (Above 24h High $98.59)
- Reason: Downtrend still intact, EMA50 is holding as resistance
2. LONG (Breakout Trade) — 40% probability,
- ONLY long if SOL breaks $97.58 + closes 1h above it
- Entry: $98.00 - $98.50 on breakout
- Target 1: $100.00
- Target 2: $101.50
- Target 3: $103.18 (Last High)
- SL: $96.00 (Below EMA20)
My Final Call for SOL:
*Don't long at $96.43.* You are buying at resistance.
Either:
Short the $97.50 resistance with tight SL, OR
Wait for $98.60 breakout to confirm long.
For safe long, best buy is $93.50 - $94.00 dip, not $96.43
$SOL
