【$SOLUSDT】Don't rush to buy the dip/chase the rally, check this first

$SOLUSDT Negative funding rate with price holding strong, European market opening rally but shrinking and consolidating sideways, this is pure meat grinder action. 4-hour MACD dead cross below zero, histogram contracting but not flipping red yet, bearish momentum pausing but not reversing. 1-hour Bollinger Band lower band at 85.46 being tested repeatedly, buy side depth imbalance exceeding 10%, sparse orders between 85.8 to 85.75 below, clear support gap. Price being suppressed below EMA20 and EMA50, bearish MA alignment unchanged. At current price around 85.9, go short directly, stop loss above 86.3. First target 84.2, second target 83.7. Consider taking partial profits when breaking below previous low at 83.7 area, risk-reward ratio exceeds 4:1, this trade is worth a try.
Check real-time charts 👇 $SOLUSDT
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#Gate13周年全球庆典 #Gate储备金报告 #加密行情震荡