Taking a BIG SHORT on $SOL guys 🚩
TP: $100.5 / $99.0
Invalidation: $104.0
Sellers have been pushing this down for a while, and when buyers tried to recover, sellers stepped back in with volume again. Price is getting rejected from the supply zone right now, and that reaction is exactly what I wanted to see.
The bigger picture matters here too. The long term trend is still bearish, so why would I fight it when the rejection is lining up with it?
I'm going with the trend, not against it 🔻 Are you shorting this one with me? 👇🏻
TP: $100.5 / $99.0
Invalidation: $104.0
Sellers have been pushing this down for a while, and when buyers tried to recover, sellers stepped back in with volume again. Price is getting rejected from the supply zone right now, and that reaction is exactly what I wanted to see.
The bigger picture matters here too. The long term trend is still bearish, so why would I fight it when the rejection is lining up with it?
I'm going with the trend, not against it 🔻 Are you shorting this one with me? 👇🏻
