$SOL compressing on the 1H, break watch
$SOL · NO TRADE · Conf 55%
Trade Plan:
Long trigger: break and hold above 102.23
Short trigger: lose 100.35
Until one gives there is no edge worth paying the spread for.
SOL/USDT 101.89, +0.04% over 24h.
Why this setup?
- Price below the 200 EMA, long-term structure bearish
- EMA20 above EMA50, short-term momentum up
- 4H trend leaning down
- RSI(14) at 52.2 with volume x1.26 against the 20-bar average.
Key levels: S 100.35 · 98.63 · 98.00 | R 102.23 · 103.10 · 104.58
Debate:
What makes you take a side on SOL: volume, structure, or the majors?
Trade SOL: spot https://www.binance.com/en/trade/SOL_USDT | futures https://www.binance.com/en/futures/SOLUSDT
$SOL #SOL #Write2Earn #SupportAndResistance #Volatility
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$SOL · NO TRADE · Conf 55%
Trade Plan:
Long trigger: break and hold above 102.23
Short trigger: lose 100.35
Until one gives there is no edge worth paying the spread for.
SOL/USDT 101.89, +0.04% over 24h.
Why this setup?
- Price below the 200 EMA, long-term structure bearish
- EMA20 above EMA50, short-term momentum up
- 4H trend leaning down
- RSI(14) at 52.2 with volume x1.26 against the 20-bar average.
Key levels: S 100.35 · 98.63 · 98.00 | R 102.23 · 103.10 · 104.58
Debate:
What makes you take a side on SOL: volume, structure, or the majors?
Trade SOL: spot https://www.binance.com/en/trade/SOL_USDT | futures https://www.binance.com/en/futures/SOLUSDT
$SOL #SOL #Write2Earn #SupportAndResistance #Volatility
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
