【$SOL Signal】Short | Weak consolidation after volume breakout
$SOL After a volume decline, the price enters a weak consolidation, showing a downward continuation rather than effective support.
🎯Direction: Short (Short)
🎯Entry: 116.8 - 118.5
🛑Stop Loss: 121.5 (Rigid Stop Loss)
🚀Target 1: 112.0
🚀Target 2: 107.0
$SOL On the daily chart, volume declined by -7.56%, accompanied by high open interest, indicating main force distribution or passive long liquidation. The price is weakly consolidating below a key support zone, lacking effective buying absorption and rebound strength. The LTF structure shows lower lows, and any rebound near 118.5 is a supply zone, offering a better risk-reward ratio for short positions.
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NeverChaseTheRally
· 5h ago
Big idiot
View OriginalReply0
GateUser-958499ca
· 7h ago
Can't you just stop talking nonsense? 😂 Newbies would just listen to you, wouldn't they?
【$SOL Signal】Short | Weak consolidation after volume breakout
$SOL After a volume decline, the price enters a weak consolidation, showing a downward continuation rather than effective support.
🎯Direction: Short (Short)
🎯Entry: 116.8 - 118.5
🛑Stop Loss: 121.5 (Rigid Stop Loss)
🚀Target 1: 112.0
🚀Target 2: 107.0
$SOL On the daily chart, volume declined by -7.56%, accompanied by high open interest, indicating main force distribution or passive long liquidation. The price is weakly consolidating below a key support zone, lacking effective buying absorption and rebound strength. The LTF structure shows lower lows, and any rebound near 118.5 is a supply zone, offering a better risk-reward ratio for short positions.
Trade here 👇 $SOL
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