Short (Sell): Consider if $SOL breaks support and confirms bearish momentum.
Stop-loss: Always place a stop-loss beyond your entry setup.
Leverage: Keep leverage very low.
Risk: Avoid using your full capital in one trade.
Latest available SOL/USDT data:
Price: approximately $89.66
Resistance: $91.62
Near support: $88.94
1-hour market structure: Bearish.
Trade setup
Long: Wait for a confirmed breakout above $91.62.
Short: Watch for a confirmed breakdown below $88.94.
Avoid chasing the price in the middle of this range.
The broader daily trend is different from the short-term bearish trend, so wait for confirmation.
#CPITestsDecemberRateOutlook #HKSFCPlansToRestrictCryptoAndExchangeTerms #WillAnthropicListOnTime #WillUS-IranTensionsBoostSafe-HavenDemand?
Stop-loss: Always place a stop-loss beyond your entry setup.
Leverage: Keep leverage very low.
Risk: Avoid using your full capital in one trade.
Latest available SOL/USDT data:
Price: approximately $89.66
Resistance: $91.62
Near support: $88.94
1-hour market structure: Bearish.
Trade setup
Long: Wait for a confirmed breakout above $91.62.
Short: Watch for a confirmed breakdown below $88.94.
Avoid chasing the price in the middle of this range.
The broader daily trend is different from the short-term bearish trend, so wait for confirmation.
#CPITestsDecemberRateOutlook #HKSFCPlansToRestrictCryptoAndExchangeTerms #WillAnthropicListOnTime #WillUS-IranTensionsBoostSafe-HavenDemand?