Honestly, I'm not chasing SOL today. I'm waiting.
SOL is now $80.14, down -1.90% today. 24h range $77.85 - $82.38.
1h RSI (6) 49.10, neutral. 1h MACD golden cross 9 candles ago, small bounce trying.
4h RSI (6) 38.29, neutral. 4h MACD death cross 6 candles, SuperTrend $84.89 still down.
1d RSI (6) 11.81, deep oversold. MA7 $84.52 / MA25 $94.49 / MA99 $100.17 all above price.
Funding +0.0072%, next +0.0100%. Longs still 77.45%, top traders longs 80.97% by accounts. I'm not chasing.
1h volume only 0.08x average, very thin. 4h volume 0.44x.
My spot plan, written in advance:
Have SOL: If bounce to 82.38, sell a part, take some profit.
No SOL: Don't chase. Wait for 79.80 first, then 77.85.
If close above 84.89, I'm wrong, I change my plan.
What about you? Have SOL, will you sell a part on bounce? Or waiting for 79.80 / 77.85?
— Med BHN 7
#SOL #Solana #BTC #Crypto
SOL is now $80.14, down -1.90% today. 24h range $77.85 - $82.38.
1h RSI (6) 49.10, neutral. 1h MACD golden cross 9 candles ago, small bounce trying.
4h RSI (6) 38.29, neutral. 4h MACD death cross 6 candles, SuperTrend $84.89 still down.
1d RSI (6) 11.81, deep oversold. MA7 $84.52 / MA25 $94.49 / MA99 $100.17 all above price.
Funding +0.0072%, next +0.0100%. Longs still 77.45%, top traders longs 80.97% by accounts. I'm not chasing.
1h volume only 0.08x average, very thin. 4h volume 0.44x.
My spot plan, written in advance:
Have SOL: If bounce to 82.38, sell a part, take some profit.
No SOL: Don't chase. Wait for 79.80 first, then 77.85.
If close above 84.89, I'm wrong, I change my plan.
What about you? Have SOL, will you sell a part on bounce? Or waiting for 79.80 / 77.85?
— Med BHN 7
#SOL #Solana #BTC #Crypto
