$SOL has been absolutely unstoppable! 🔥🚀 However, it's now approaching a major 1D supply zone around $83, so this is an area where we could see a 5% pullback or some short-term profit-taking. Don't FOMO into longs at these levels. Let the market come to you instead of chasing green candles.
As I mentioned during the previous dip around $60, that was the ideal spot accumulation zone. Those who followed the plan are now sitting on solid gains.
Consider booking partial profits here and let the rest ride with proper risk management.
Congratulations to everyone who trusted the setup and stayed patient! 🎉🔥📈
$BTC is still respecting the bearish structure on the higher timeframes.
The bounce from $57.8K hasn't been convincing. Price has recovered to around $59K, but it's still printing lower highs and lower lows, which means sellers are still in control. Unless BTC reclaims the $60.8K area with strength, this looks more like a relief bounce than a trend reversal.
My Trade Plan 👇 📉 Bias: SHORT 🎯 Entry Zone: $59,000 Mid-term: Above $62,000 Scalp Traders: Above $61,000
For the mid-term, I still see the possibility of $BTC dropping into the $55K–$56K range. However, don't rule out one more push towards $60.8K before the next leg down if buyers attempt another relief rally.
Mid-Term Targets: 🎯 $56,000 🎯 $55,000 At the moment, I'm not expecting a direct move to $67K this week unless the market structure changes significantly.