📍 $SOL Current Market Snapshot
Price: ~$133.00
24-Hour Range: $126.63 – $136.48
Today's Move: A ~2% dip, continuing last week's ~10% slide and monthly 28% decline
📉 Technical Summary (Multi-Timeframe)
Bias: Mildly bearish overall — short-term MAs are bearish, though oscillators hint at a possible bounce
Chart Pattern: A bullish flag forming on the 1‑hour chart — a classic continuation structure
Key Levels:
Resistance: $136.5 (recent high), then $140
Support: $130, with stronger hold near $126.6
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🧠 My Take & Trade Plan
Although SOL has been under pressure, the formation of a bullish flag could trigger an upside move on the right catalyst.
📈 Breakout Play (Long): Above $136.5–$137 on strong volume — targets: $140 → $142 → $145
⚠️ Breakdown Risk (Short): If price drops below $130 — downside targets: $126.6 → $125
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🛠️ Futures Trading Strategy
Setup Entry Zone TP Levels Position
Breakout Long $136.5–$137 $140 / $142 / $145 Long
Breakdown Short <$130 break $126.6 / $125 Short
Stop-Loss:
Long: $134
Short: $131.5