$SOL — Updated Short Scenario (April 24)
Current Price: ~$149.30
Context: The price has risen above the $147 zone and approached the upper boundary of short resistance
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1. Short opportunities right now:
• Area $149.00–150.00 — key reversal zone (day highs + 4H resistance)
• RSI on 1H and 4H — close to overbought
• Candles with long upper wicks on 15m and 1H
• If a bearish candle appears now (especially on 1H) → entry point for short
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2. Short plan:
• Entry: from $149.00–149.50 (upon confirmation of weakness with a candle)
• Stop: $151.00 (slightly above the round level and highs)
• TP1: $145.00
• TP2: $141.00
• TP3: $135.00
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3. What will cancel the short:
• Confident consolidation above $151.00 with volume → then the short is canceled, and the coin may go to $154+
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Conclusion:
Currently, SOL is close to a potential reversal zone.
If we see the first red candle with volume on 15m or 1H — this is your entry point for short.
This is not a signal; it is a possible trading scenario.
Remember that
You are solely responsible for making decisions regarding this information.