📊SOLUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 81.2235
• Support: 75.16
• Resistance: 89.1
• Current Price: 88.37
📈Strategy:
Price is trading in a premium zone near the 4H resistance of 89.1, showing bullish momentum but caution is warranted. A break above 89.1 could trigger a continuation towards the calculated TP of 92.34665, while failure may lead to a retest of the 20 SMA at 81.2235. The current structure favors shorts from the premium zone, but the bullish bias suggests waiting for confirmation before entering. Risk management is key with a tight stop at 85.7189.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 81.2235
• Support: 75.16
• Resistance: 89.1
• Current Price: 88.37
📈Strategy:
Price is trading in a premium zone near the 4H resistance of 89.1, showing bullish momentum but caution is warranted. A break above 89.1 could trigger a continuation towards the calculated TP of 92.34665, while failure may lead to a retest of the 20 SMA at 81.2235. The current structure favors shorts from the premium zone, but the bullish bias suggests waiting for confirmation before entering. Risk management is key with a tight stop at 85.7189.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇