$SOL Solana’s Shanghai event has been postponed after registrations quadrupled overnight, but the organizers cited attendance limits—not a confirmed ban. SOL is trading near $104.40, with short-term momentum weak and resistance around $105.60.
Cointelegraph +1
Bias: SHORT — on rejection.
Entry: $105.00 – $106.00
TP1: $102.80
TP2: $100.90
TP3: $98.10
SL: $107.20
Confirmation: A rejection below $105.60 supports the short setup. A sustained break above $107.20 invalidates it.
COINOTAG
The event postponement is confirmed, but the claim that SOL should be shorted because the event was “banned” is misleading. Use price action—not headlines alone—to make the decision.
Cointelegraph +1
Bias: SHORT — on rejection.
Entry: $105.00 – $106.00
TP1: $102.80
TP2: $100.90
TP3: $98.10
SL: $107.20
Confirmation: A rejection below $105.60 supports the short setup. A sustained break above $107.20 invalidates it.
COINOTAG
The event postponement is confirmed, but the claim that SOL should be shorted because the event was “banned” is misleading. Use price action—not headlines alone—to make the decision.