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【$SOL】Short, 4H False Breakout/Volume Price Divergence/Selling Pressure Accumulation
$SOL Price declined consecutively over 4 four-hour candles after the 90.43 high, with expanded trading volume but stalled price movement, a typical sign of buying exhaustion. MACD remains below the zero line on the 4-hour timeframe, while the 1-hour level rebound is suppressed by dense sell orders near 89.7, and bullish momentum cannot sustain. The risk-reward ratio at this level is decent, but strict stop-loss is required to prevent counter-trending moves by major players.
🎯Direction: Short🛑Stop Loss: 90.50⚡Entry: 89.20 - 89.50🚀Target: 86.80🛡️Strategy: Batch take profits, move to breakeven loss
Check real-time chart 👇 $SOL
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