The chart for SOLUSDT shows a strong downward corrective swing on the four-hour timeframe, with sellers clearly in control as price trades below the declining moving averages. The single sign of this seller dominance is the rejection near the upper volume node where price failed to sustain higher levels.
My downside plan activates conditionally if a retracement reaches the trigger at 112.5, which could open a path toward the target at 105.2.
This scenario would be completely canceled if price breaks above the invalidation at 114.9, which sits right above the trigger level. What is your perspective on this price action for SOLUSDT?
SOLUSDT
無期限
108.89
-2.70%
