🧐 Engulfing Buy – Failed or Just Warming Up? 💥
🔍 Analyzed on 1H timeframe – SOL/USDT just printed what looks like a bullish engulfing, but now price is stalling at the 200 MA (186.15) 😬
📌 Here's the situation:
✅ Engulfing candle still holding above its body low (~184.50)
⚠️ Price stuck under MA200 and struggling to break 186.93
❌ Volume fading – no strong follow-up
✅ MACD still bullish, but flattening
📉 If price closes below 184.50, could signal a failed engulfing setup
🚀 But if SOL breaks above 187 with volume – we could see the next leg up!
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💬 What do you think? 📈 Is this just a healthy pause before liftoff, or are the bulls losing steam?
🔁 React: 👍 Buy Dip
👎 Fakeout
💬 Comment your target below!
#SOL #CryptoTrading #BinanceAnalysis #PriceAction #TechnicalAnalysis #EngulfingPattern