🩸 $SOL : CAPITULATION. THE PANIC SELLING IS OVER. I AM BUYING. 🩸
The brutal flush to 68.60 just wiped out the weak hands.
The 1H RSI is screaming oversold at 24. A violent bounce is loading.
Going LONG right here at 69.71.
Look at the momentum shift. Sellers are completely exhausted. We are seeing the first green candle print off the bottom, and the RSI is practically pinned to the floor. This gives us a massive runway for a mean-reversion squeeze back to the moving averages.
THE TRADE PLAN:
🎯 Target 1: 70.65 (EMA 7) - We are reclaiming this first.
🎯 Target 2: 73.67 (EMA 25)
🛑 Hard Stop: 68.50 (If we break the low, I'm out. No emotions, just execution.)
Trade the chart, not your feelings. The bounce is live. Who is taking this trade with me? 👇
$SOL #solana #trading #LongSetup
(NFA. Always manage your risk.)
The brutal flush to 68.60 just wiped out the weak hands.
The 1H RSI is screaming oversold at 24. A violent bounce is loading.
Going LONG right here at 69.71.
Look at the momentum shift. Sellers are completely exhausted. We are seeing the first green candle print off the bottom, and the RSI is practically pinned to the floor. This gives us a massive runway for a mean-reversion squeeze back to the moving averages.
THE TRADE PLAN:
🎯 Target 1: 70.65 (EMA 7) - We are reclaiming this first.
🎯 Target 2: 73.67 (EMA 25)
🛑 Hard Stop: 68.50 (If we break the low, I'm out. No emotions, just execution.)
Trade the chart, not your feelings. The bounce is live. Who is taking this trade with me? 👇
$SOL #solana #trading #LongSetup
(NFA. Always manage your risk.)
