📈 $SOL Trade Strategy
SOL is currently trading around $243–$245, showing signs of short-term exhaustion after a strong run-up. Here's a breakdown across multiple timeframes and indicators:
⚔️ Trade Idea – Range Play & Stop Hunt Trap
Scenario A: Breakout Play (Short Trap)
- If SOL reclaims $246+ and holds, expect a squeeze toward $250–252 (liquidity wall).
- Watch for short liquidations to trigger a spike.
- Entry: $246.5
- TP1: $249
- TP2: $251
- SL: $243.5
➡️ Risk/Reward: 2.5+
Scenario B: Breakdown Play (Long Trap)
- If SOL loses $241.5 (EMA50) with volume, watch for a flush toward $236–238 (next support + bid zones).
- Entry: $240.5
- TP1: $238
- TP2: $236
- SL: $244
➡️ Ideal for quick scalps or trailing stop shorts.
🔁 Correlation Watch
💸 $BTC (4H)
- Hovering at EMA20 ($115,171) with RSI at 56.8, MACD slowing = no strong drive from BTC yet.
→ Neutral bias. SOL likely to move more independently.
💸 $ETH (4H)
- Rejected from $4,750, MACD histogram turning red, RSI down to 58
→ ETH is cooling off = may drag SOL slightly if selling intensifies.
🧠 Final Thoughts
SOL is cooling but still within a strong uptrend on higher timeframes.
Avoid chasing breakouts; liquidity is clustered above and below current price.
Play the range + trap mechanics with proper stop management.
Volatility likely to return around US session open or BTC directional move.
💬 What’s your take? Long or short here? Drop your setups 👇
#SOLUSDT #CryptoTrading #BİNANCEFUTURES #Altcoins #PriceAction
