SOL is officially back inside the range after failing to hold above the 93 levelThe absolute most important zone to watch right now is 90. If the bulls fail to reclaim this level, the next logical target is a straight drop down to range low around 78
The arrows on the chart outline the exact short and long triggers depending on how the market acts here
Waiting for the triggers to hit
Transaction en cours
SOL is looking weak, didn't even retest the 89-90 zone for a proper short entryCurious to see the reaction at range low.
If we lose that level (close under), the next logical target is 58.
Note
SOL Update: We are approaching the range low. I am looking for a classic sweep and reclaim to trigger my long entry. I’m playing the range until the structure proves otherwise. Patience is key, waiting for the confirmation before risking capital.Trade fermée: cible de profit atteinte
SOL range low reached, this is the absolute last line of defense. The bullish scenario here is some consolidation followed by a reclaim, which triggers a long from range lows.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.