📍#solana Technical Analysis (2025/08/03)
Bears dominate across all timeframes—seek short on every rebound!
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#SOL 【1H】
Trend: Minor Bearish. Trading below the 9/21 EMA, Bollinger Bands expanding downward. Sitting near S2 (159.52), momentum remains weak, risk of further drop.
🔻 Short Setup
🛑 Stop-loss: 162
🟢 Add Short: 161 (pending)
🚨 Breakdown Entry: 159.5
🎯 Take-profit: 156 / 150
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#SOL 【4H】
Trend: Moderate Bearish. Broke below the 21 EMA and Bollinger mid-band, testing support near the 200 EMA. RSI near oversold—if 159.5 gives way, look to 155 then 146.
🔻 Short Setup
🛑 Stop-loss: 168
🟢 Add Short: 162 (pending)
🚨 Breakdown Entry: 159.5
🎯 Take-profit: 155 / 146
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#SOL 【1D】
Trend: Moderate Bearish. All three EMAs (9/21/200) have flipped down, below daily S1 (142.61). A break under 142.6 paves the way to 130 then 113.
🔻 Short Setup
🛑 Stop-loss: 174
🟢 Add Short: 162 (pending)
🚨 Breakdown Entry: 142.6
🎯 Take-profit: 130 / 113
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【#SOL Strategy Recap】
- 1H: Maintain shorts; below 159.5 confirms further drop, stop at 162, targets 156/150.
- 4H: Fade rallies into 162–168 for shorts; break 159.5 eyes 155/146.
- 1D: Daily bearish; break 142.6 extends to 130/113; retest of 162 for add, stop at 174.
- Scale positions, enforce stops, avoid chasing high-leverage bounces.