📊SOLUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 112.014
• Support: 105.37
• Resistance: 119.16
• Current Price: 117.49
📈Strategy:
Price is trading in a premium zone above the 20 SMA, indicating bullish momentum but caution for shorts near resistance. The 4H swing high at 114.32 has been broken, confirming a higher high structure. A retest of 119.16 resistance is likely, but rejection could offer short entries with a stop above the zone. Target the next liquidity sweep at 122.78 with a 1:1.5 R:R.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bullish
• SMA (20): 112.014
• Support: 105.37
• Resistance: 119.16
• Current Price: 117.49
📈Strategy:
Price is trading in a premium zone above the 20 SMA, indicating bullish momentum but caution for shorts near resistance. The 4H swing high at 114.32 has been broken, confirming a higher high structure. A retest of 119.16 resistance is likely, but rejection could offer short entries with a stop above the zone. Target the next liquidity sweep at 122.78 with a 1:1.5 R:R.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇