#SOL
🚨QUICK ANALYSIS FOR $SOL FUTURES🚨
Entry: 62.90 - 63.20 (Short: Rejection at EMA 20/50 confluence + Bearish RSI divergence).
🎯Targets:
1️⃣ TP1 61.50$ (reason: Previous local support break & liquidity grab)
2️⃣ TP2 ➤ 60.50$ (reason: Major psychological support zone & 1H Bollinger lower band)
3️⃣ TP3 ➤ 59.50$ (reason: Extension to 4H oversold RSI target & Fibonacci extension)
Stop Loss: 63.85$ (reason: Above the 15m EMA 50 dynamic resistance & recent swing high invalidation)
🗞️ News ON #SOL : Solana ecosystem volume remains strong, but price action is currently dragged down by macro uncertainty and Bitcoin's struggle to hold key support levels. High leverage long liquidations are fueling the current downward momentum.
TRADE $SOL NOW 👇 SOL