✴️ Solana | Another SHORT Entry (6-10X Lev)

Just look at the volume... Tell me, can you see what I see?
It is weak, weak, weak.

We have three beautiful days green;
We see a price increase yet still, no volume and it feels weak.

Ok, forget about feelings because people in the "business of trading" belief that feelings are evil, which is one of the worst things ever to say... Feelings can be a tremendous source of guidance, warning, information and they need to be taken into account across everything we do in life, specially when we trade...

But we don't need feelings because we have the chart.
We use the feelings after we set up the entry to know if something goes wrong.

➖ We have lower highs and weak volume.
➖ We have a marketwide bearish bias based on the fact that other pairs are already in correction mode.
➖ We know that Gold moves together with Crypto and Gold already peaked.
➖ We know that Crypto moves inverse to the DXY and the DXY is still moving green.
➖ Even TSLA has been giving early signals of what the rest of the market will do next...

You can define your own risk, your own stop-loss of course.
Sometimes I give the full numbers, other times I am just sharing for timing and entry like this one.

To be fair and open, it can go either way... It is just that the potential is leaning toward a drop because in just a year Solana grew more than 1,300%. After strong growth, a strong correction is as normal as it gets.

We will see how it goes of course.
One can never be too sure... Some people say we are going to new All-Time Highs within months.

My bet is on the downside, now we have to wait for the market to produce the results.
The market will decide who is right and who is wrong...

Some we win, some we lose.
Let's hope this is another win because it is no fun to lose... We can agree on that one I am sure.

Namaste.