#MarchFedMeeting
Trading Strategy & Targets $SOL
Based on the combination of the bearish chart structure and the macro news environment, here is the outlook:
Selling Scenario (Short)
🏄Entry: If the price fails to break back above $91.30 or breaks the $88.50 support.
⛽Target 1: $86.50 (Recent swing low).
⛽Target 2: $80.30 (Major psychological support).
Stop Loss: $92.50 (Above the Supertrend line).
Buying Scenario (Long)
Entry: Only on a confirmed breakout above $91.50 with high green volume, or a successful "double bottom" bounce at $88.50.
⛽Target 1: $95.60 (Recent high).
⛽Target 2: $100.00 (Major resistance and psychological barrier).
Stop Loss: $87.80.