$SOL

āœ… Conclusion & Signal Summary

šŸ“Œ Current Bias:

šŸ”» Bearish short-term — The price is below the 99 EMA and failed to maintain above key levels after the pump.

šŸ“ˆ Upside Potential:

A break and hold above $168 with increased volume could signal a short-term reversal or scalp opportunity.

Breakout above $172.9 would invalidate the current bearish bias.

šŸ“‰ Downside Risk:

If $159.4 breaks, price may fall further with little support below on this timeframe.


🧠 Recommended Strategy

For scalping/intraday traders:

šŸ”» Short Setup: Look to short failed bounces toward the MA(25) or MA(99), targeting the $160–162 area.


Stop loss: just above $168

TP1: $160

TP2: $159.4

šŸ”¼ Long Setup: Only consider long entries on a strong breakout above $168 with significant volume.

Entry: Above $168


Stop loss: $165

TP1: $172

TP2: $175