$SOL - is hovering at the upper boundary of a descending channel after a breakout upwards. On the hourly chart, a reversal pattern 'Bearish Engulfing' is forming. RSI is holding in the local overbought zone, signaling a potential pullback.
SHORT
Entry at 71.76 on testing the resistance zone.
Stop at 73.20.
Target at 67.40 (testing the nearest strong mirror support level).
Limit 'walls' for selling are densely concentrated in the $71.80–$72.20 range on the Binance order book.
$SOL
DYOR
#sol
SHORT
Entry at 71.76 on testing the resistance zone.
Stop at 73.20.
Target at 67.40 (testing the nearest strong mirror support level).
Limit 'walls' for selling are densely concentrated in the $71.80–$72.20 range on the Binance order book.
$SOL
DYOR
#sol