๐ฏ Technical Deep Dive: $BTC & $SOL Key Levels to Trade Today ๐๐
The market is showing a classic "tug-of-war" between bulls and bears. Smart traders aren't guessingโtheyโre trading the levels. Here is the technical setup for the weekend:
๐ง Bitcoin (BTC/USDT): The Battle for $90K
Bitcoin has been ranging between $87,200 and $90,500. The Fear & Greed Index is cooling off, which often precedes a volatility spike. ๐ช๏ธ
Entry Zone (Long): Look for a successful retest of the $88,000 psychological support. If it holds on the 4H timeframe, it's a high-probability bounce zone.
Resistance (Take Profit): The immediate hurdle is $91,200. A daily close above this level clears the path for a move toward $95,000.
Stop Loss: A clean break below $86,500 invalidates the local bullish structure.
๐ฆ Solana (SOL/USDT): Range Play
SOL is currently compressing in a tight zone between $125 and $135. On-chain data shows significant spot ETF inflows, suggesting institutional accumulation. ๐ฆ
Entry Zone (Long): Watch for a dip into the $120 โ $122 demand pocket.
Target (Take Profit): First major resistance is $143. If volume sustains, the next macro target is the $150 psychological barrier.
Risk Management: If SOL loses the $118 support, we could see a quick flush to the $110 liquidity zone.
โ๏ธ The Strategy:
We are seeing a "rotation" environment. While BTC consolidates, keep an eye on the BTC.D (Dominance). If it drops, expect Alts like SOL to outperform on the relief bounces.
โ ๏ธ Remember: Always use a Stop Loss! In a high-leverage environment, capital preservation is the most important trade you'll ever make.
Are you playing the BTC range or looking for an Altcoin $ALT breakout? Letโs talk strategy below! ๐
#TechnicalAnalysis #BitcoinPrice #Solana #CryptoTrading #BinanceSquare
