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【$SOL】Short, false breakdown confirmed / selling pressure not yet absorbed
$SOL The chart appears to have broken below a key support level, but the rebound is weak and buying volume is sparse. After the large-volume bearish candle on the 4H timeframe, the price has remained suppressed below the EMA20, with bulls showing very weak willingness to reverse. Chasing higher at the current level involves greater risk than reward; it is more prudent to patiently wait for the rebound to exhaust.
🎯 Direction: Short🛑 Stop Loss: 90.18⚡ Entry: 89.50 - 89.80🚀 Target: 82.50🛡️ Strategy: Enter in batches, add on rebounds.
View real-time chart 👇 $SOL
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