SOL is sliding under the 70‑day EMA, eyeing the 23.5‑level as sellers tighten.
🔴 $SOL SHORT 📉 — Trade Plan
• Entry: $93.4365 – $93.6235
• Stop: $96.3359 (-3.0%)
• Target 1: $92.1270 (+1.5%)
• Target 2: $88.8535 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A fresh CHoCH broke the bullish swing, while CVD turned negative confirming the dump. The FVG between 23.8 and 23.5 lines up with an OB, creating a POI confluence that drives the short bias.
A 3.0% stop is relatively tight, so keep leverage at or below 5x to manage risk.
Consider taking half profit around the 23.0 target.
As always: manage your risk, this is not financial advice 🙏
$SOL #SOLUSDT #THORChain #TradingSignals #Write2Earn
🔴 $SOL SHORT 📉 — Trade Plan
• Entry: $93.4365 – $93.6235
• Stop: $96.3359 (-3.0%)
• Target 1: $92.1270 (+1.5%)
• Target 2: $88.8535 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A fresh CHoCH broke the bullish swing, while CVD turned negative confirming the dump. The FVG between 23.8 and 23.5 lines up with an OB, creating a POI confluence that drives the short bias.
A 3.0% stop is relatively tight, so keep leverage at or below 5x to manage risk.
Consider taking half profit around the 23.0 target.
As always: manage your risk, this is not financial advice 🙏
$SOL #SOLUSDT #THORChain #TradingSignals #Write2Earn