Time to cash in on that weakness! $SOL
TRADE: SHORT
Entry Zone: $75.30–$75.60
Stop Loss: $76.20
Target 1: $74.80
Target 2: $74.20
Price is hovering near the 24h low, rejecting the 7, 25, and 99 MAs—all stacked above around $75.80–$75.95. Momentum is clearly bearish on the 1h and 4h, with lower highs forming. Volume is heavy, but sellers are in control.
No crazy pump here—just steady bleed, so a short makes sense. Manage risk tight, book half at T1, and let the rest ride. If it breaks $76.20, we're wrong. Otherwise, enjoy the drop.
TRADE: SHORT
Entry Zone: $75.30–$75.60
Stop Loss: $76.20
Target 1: $74.80
Target 2: $74.20
Price is hovering near the 24h low, rejecting the 7, 25, and 99 MAs—all stacked above around $75.80–$75.95. Momentum is clearly bearish on the 1h and 4h, with lower highs forming. Volume is heavy, but sellers are in control.
No crazy pump here—just steady bleed, so a short makes sense. Manage risk tight, book half at T1, and let the rest ride. If it breaks $76.20, we're wrong. Otherwise, enjoy the drop.