$SOL Range Bounce Faces Strong EMA Wall
Current Price: $127.91 (-0.37% 24H). Price stuck below EMA(25/99) after weak rebound, bearish market structure still intact on 1H.
๐ฏ SHORT Entry: $128.0 โ $130.0
TP1 $125.8
TP2 $123.6
TP3 $120.5
Stop Loss $132.2
The bounce from $123.6 lacks volume and follow-through, suggesting corrective price action rather than reversal. As long as SOL is capped below the $130โ132 resistance band, downside continuation remains favored.
Trade SOL on Binance ๐
SOLUSDT
Perp
123.15
-3.44%