$SOL USDT : Daily and 4-hour downtrends, with the price below all major moving averages. The one-hour chart is now aligned for a short entry. Momentum is trending downward, with the 15-minute RSI below 50, indicating a new wave of selling pressure. This is the signal. Enter a short position upon retesting the 129.95 area, targeting the next support levels.
Actionable setup now (short)
Entry: market at 129.686657 – 130.213343
TP1: 128.369942
TP2: 127.843256
TP3: 126.789884
Stop loss at 131.530058
SOL
128.23
+1.54%