$SOL Signal
Short-term Pullback Opportunity (Likely Now)
slightly bearish based on weakening momentum:
š„Entry (Short):
š„Entry: 159.2ā159.5
š„Stop Loss: Above 160.3
š„Target 1: 157.5
š„Target 2: 156.3 (if momentum continues)
āReason:
āWeakening momentum.
āBearish divergence on RSI & MACD.
āStrong ask wall + price rejection near previous highs.
ā” Long on Bounce from Support
āIf price falls toward support and bounces (watch for volume spike):
š„Entry (Long):
š„Entry: 156.2ā156.6 zone (confirm with bullish candle + volume)
š„Stop Loss: Below 154.5
š„Target 1: 158.5
š„Target 2: 160.0
āReason:
āPrevious breakout zone (now support).
āRSI cooling down + potential bullish reversal setup.