$SOL Recovering 5.2%, now testing the $140 resistance and the short-term moving average. Still below the long-term average.
Trade Setup:
· Entry (Long): On a break and hold above $138 (reclaiming key moving averages).
· TP1: $140 - $142
· SL: $136
· Entry (Short): On a rejection at $138 and drop below $137.
· TP1: $134 - $135
· SL: $139
The bias is neutral until $138 is clearly reclaimed.
Losing $137 would signal a resumption of the downtrend.
Volume is moderate. SOL is at a critical resistance; watch for a decisive break.$SOL
SOLUSDT
Perp
131.86
+0.36%