🔴 SHORT $SOL/USDT: expecting price to go DOWN
Bias: BEARISH · BEARISH 1H / BEARISH 4H
🎯 Entry zone: 89.6571 – 89.8721
Reference entry (zone midpoint): 89.7646
🎯 TP1: 89.1196 (-0.72%)
🎯 TP2: 88.7971 (-1.08%)
🎯 TP3: 88.4746 (-1.44%)
🛑 SL: 90.4096 (0.72% risk from reference entry)
Plan: Enter only within the zone. Consider scaling out at targets and reassess the stop after TP1.
Why SHORT? The one‑hour and four‑hour charts both show bearish momentum, and the RSI values around 45.2 suggest the asset is not yet overbought, supporting a short stance. Relative to BTC, SOL has underperformed over the past 24 hours, indicating weaker strength and reinforcing the bearish bias.
• 1H RSI: 45.2 | 4H RSI: 45.2
• 24H SOL: -0.91% | BTC: -0.29%
Invalidation: A confirmed 1H close beyond the stop level invalidates this setup.
⚠️ Personal market analysis only. Not financial advice; manage risk and DYOR.
#BinanceSquare #CryptoTrading #TechnicalAnalysis #MarketAnalysis #BearishSetup
Bias: BEARISH · BEARISH 1H / BEARISH 4H
🎯 Entry zone: 89.6571 – 89.8721
Reference entry (zone midpoint): 89.7646
🎯 TP1: 89.1196 (-0.72%)
🎯 TP2: 88.7971 (-1.08%)
🎯 TP3: 88.4746 (-1.44%)
🛑 SL: 90.4096 (0.72% risk from reference entry)
Plan: Enter only within the zone. Consider scaling out at targets and reassess the stop after TP1.
Why SHORT? The one‑hour and four‑hour charts both show bearish momentum, and the RSI values around 45.2 suggest the asset is not yet overbought, supporting a short stance. Relative to BTC, SOL has underperformed over the past 24 hours, indicating weaker strength and reinforcing the bearish bias.
• 1H RSI: 45.2 | 4H RSI: 45.2
• 24H SOL: -0.91% | BTC: -0.29%
Invalidation: A confirmed 1H close beyond the stop level invalidates this setup.
⚠️ Personal market analysis only. Not financial advice; manage risk and DYOR.
#BinanceSquare #CryptoTrading #TechnicalAnalysis #MarketAnalysis #BearishSetup