๐ $SOL /USDT: Technical Analysis and Trading Plan
The current price of ~$112.5 is near the lower boundary of the local range. The market is experiencing selling pressure and a significant skew toward long positions among retail traders.
๐ด Short (trend-following โ priority):
Entry: $114.50 โ $115.50 (on rejection/retest)
Take-Profit (TP): $110.20 / $108.00
Stop-Loss (SL): $117.20
๐ข Long (rebound play โ counter-trend):
Entry: $108.50 โ $110.00 (after liquidity sweep)
Take-Profit (TP): $114.50 / $117.80
Stop-Loss (SL): $106.80
โ ๏ธ Follow risk management rules: limit risk to no more than 1โ2% per trade.
The current price of ~$112.5 is near the lower boundary of the local range. The market is experiencing selling pressure and a significant skew toward long positions among retail traders.
๐ด Short (trend-following โ priority):
Entry: $114.50 โ $115.50 (on rejection/retest)
Take-Profit (TP): $110.20 / $108.00
Stop-Loss (SL): $117.20
๐ข Long (rebound play โ counter-trend):
Entry: $108.50 โ $110.00 (after liquidity sweep)
Take-Profit (TP): $114.50 / $117.80
Stop-Loss (SL): $106.80
โ ๏ธ Follow risk management rules: limit risk to no more than 1โ2% per trade.