$SOL : Analysis and Trading Scenarios
The price is consolidating after a sharp drop from the 154 level to 141. The current rise looks like a technical rebound, and the overall trend remains bearish.
Scenario 1: Short
Entry: in the 149–150 zone (on a pullback to resistance)
Stop-loss: 152.2
Take-profit: 142.0 (partial take at 144.5 is possible)
Confirmation: declining volume during the rise; MACD and moving averages on higher timeframes support further downside
Scenario 2: Long (risky, only with confirmation)
Entry: above 151.8, only after a breakout with strong volume
Stop-loss: 148.5
Take-profit: 156.0
Condition: enter only if a strong bullish impulse appears, which is currently not observed
Additional notes:
– Open interest is declining, indicating traders are exiting positions
– Long/short ratio is unstable, suggesting the market could sweep both sides
– Taker sell volume exceeds buy volume, showing selling pressure dominates
Staying out is also a valid position. Only enter a trade after clear confirmation from volume or key level breakouts.