📊SOLUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 108.1115
• Support: 99.48
• Resistance: 114.32
• Current Price: 108.03
📈Strategy:
Price is trading below the 20 SMA, indicating bearish momentum. The 4H structure shows lower highs, with price currently in a premium zone (favorable for shorts). A break below the 4H swing low at 107.34 could accelerate selling towards the support at 99.48. Short entries near current levels with a stop loss above 111.27 offer a 1:1.5 risk-reward, targeting 103.17. Watch for a bearish confirmation before entering.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 108.1115
• Support: 99.48
• Resistance: 114.32
• Current Price: 108.03
📈Strategy:
Price is trading below the 20 SMA, indicating bearish momentum. The 4H structure shows lower highs, with price currently in a premium zone (favorable for shorts). A break below the 4H swing low at 107.34 could accelerate selling towards the support at 99.48. Short entries near current levels with a stop loss above 111.27 offer a 1:1.5 risk-reward, targeting 103.17. Watch for a bearish confirmation before entering.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇