๐ Trade Setup: $SOL โ Range Breakdown Risk, Short on Weak Bounce
SOL is failing to reclaim the 4H EMA cluster and continues to trade below the Bollinger midline.
Momentum is weakening after a failed push toward 140, with RSI hovering below neutral and MACD rolling over. This opens a short-on-bounce opportunity if resistance holds.
๐ป Short Entry: 138.8 โ 140.2 USDT (retest of EMA20โ50 / prior supply)
๐ฏ Take-Profit Targets:
TP1: 135.5 USDT โ Recent intraday support
TP2: 132.5 โ 133.0 USDT โ 4H Bollinger lower band & liquidity sweep zone
๐ Stop-Loss: โ 142.2 USDT (Above recent high & Bollinger upper rejection)
Risk:Reward ~ 1:2+
โ ๏ธ Risk Factors
RSI near mid-range: possible sideways chop before continuation
Strong BTC bounce could invalidate this setup
๐จ Always manage risk and avoid over-leverage.
#sol #cryptotrading #BinanceFutures #TechnicalAnalysis #BinanceSquare

