Price action chopping inside a tightening range after rejection from 87.86. Current structure shows a descending consolidation beneath the 30-period MA, signaling weak momentum in the short term.
Bulls need to reclaim 85.14 to shift bias. Failure to hold 83.50 could trigger a breakdown toward lower support. Tight stop required.
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$SOL
Price action chopping inside a tightening range after rejection from 87.86. Current structure shows a descending consolidation beneath the 30-period MA, signaling weak momentum in the short term.
Bulls need to reclaim 85.14 to shift bias. Failure to hold 83.50 could trigger a breakdown toward lower support. Tight stop required.
• Entry Zone: 84.20 - 83.80
• TP1: 85.50
• TP2: 86.80
• TP3: 88.00
• Stop-Loss: 83.00
#SOL #SOL$SOL