Now it has hit a supply, but it would have been better to reach the optimized range, then we could look for sell/short positions with much less risk.
We do not expect the sol to rise and our view is a bearish one. We expect to have specified targets on the drop chart.
Closing 1 daily candle above the optimized range will violate the analysis
For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Trade active
⋅
The price rose and reached the optimized range. This area was engulfed.
We have marked the next serious supply range that can reject the price on the chart.
Bullish weekly candle and sellers look to be losing strength, odds of a bullish outcome are high as well here. Great analysis though.
Xanrox
⋅
Wait for a touch of the trendline, then enter a short.
MyCryptoParadise_Nathan
⋅
Thanks for sharing your analysis on Solana! It's important to consider different perspectives, and your bearish outlook provides valuable insights for traders.
Solana2DMoon
⋅
🚀🙄🚀
AlloysK
⋅
Yes we are going to 77
sdfbu24fddfnow11
⋅
I think SOLANA will go till 95~96. then down trend will starts...