🚫 Don’t Rush into SOL Yet!
Hey traders, let’s take a calm look at the 1H SOl /USDT chart.
Price is currently sitting at 91.67 — after bouncing from the 24h low of 88.42 to a high of 93.47, and now pulling back cleanly.
This kind of fast move up and down often signals a fakeout zone — exactly where most traders get trapped by FOMO.
⚠️ No-Trade Zone (For Now)
91.00 – 93.47
Avoid opening fresh long positions in this range.
📉 Why?
Price has already dropped below MA(7) – 92.34
It’s barely holding above MA(25) – 91.43
The move to 93.47 showed weakness (smaller green candles + red rejection at the top)
👉 Entering here = FOMO trade, which often leads to losses.
✅ Safe Entry Criteria (Patience First)
I will only consider a long position when all 3 conditions align:
1️⃣ A strong 1H candle closes above MA(7) – 92.34
2️⃣ Volume shows clear expansion above MA(5) & MA(10)
3️⃣ Price forms a higher low that:
Holds above MA(25)
Stays above the previous swing low (~90.39)
📊 Big Picture
MA(99) – 89.53 is still trending upward
👉 The overall trend is intact
👉 No need to force entries right now
💡 Remember:
Not trading is also a position.
Sometimes, preserving capital is the smartest move.
⚠️ Not financial advice
Always do your own analysis & manage your risk
#sol #SOLUSDT #cryptotrading #RiskManagement #PatienceOverFOMO