📊SOLUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 110.074
• Support: 107.42
• Resistance: 113.38
• Current Price: 107.44
📈Strategy:
Price trades below the 20 SMA, confirming bearish momentum. The discount zone near support suggests potential for a bounce, but the bearish structure favors downside continuation toward the calculated TP at 102.60. A break below 107.42 could accelerate selling, while a reclaim of resistance at 113.38 is needed to invalidate the bearish bias. Monitor price reaction at support for high-probability entries.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 110.074
• Support: 107.42
• Resistance: 113.38
• Current Price: 107.44
📈Strategy:
Price trades below the 20 SMA, confirming bearish momentum. The discount zone near support suggests potential for a bounce, but the bearish structure favors downside continuation toward the calculated TP at 102.60. A break below 107.42 could accelerate selling, while a reclaim of resistance at 113.38 is needed to invalidate the bearish bias. Monitor price reaction at support for high-probability entries.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇