🔥 $SOL PULLBACK SETUP ALERT
$SOL holding support at $78.52 after the recent 4h dip. Current price $79.34 shows consolidation within a bearish channel. The 24h decline of -0.61% reflects profit-taking from higher levels ($81.61).
📊 TECHNICAL SETUP:
• 4-Hour: Lower lows pattern, bearish pressure
• Daily: Price below $80.83 support
• Trend: SHORT bias until recovery above $81
⚡ SHORT SETUP:
Entry: $79.50-$79.80
Stop Loss: $80.60
TP1 (2RR): $78.00 (1.6% risk-reward)
TP2 (3RR): $77.00 (2.4% risk-reward)
⚠️ Watch: Break above $81.61 flips bias to LONG. Weekly closes above $83 invalidate short thesis.
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DYOR • Not financial advice • Trade at your own risk