$SOL 4H 🧂

We did a great job on the scalp short from the last post, what now?

Solana formed a head and shoulders reversal formation. Yes, its work has already begun, but it is still possible to go short.

Given the swing of BTC, it is quite likely that Bitcoin will shoot to 37300+. In this case, Solana will have the opportunity to test the neck line from below. If the price stays below it, this will be a trigger to open a short.

Lately, the impulses of sellers have surpassed those of buyers, the feeling of FOMO has faded and there are not many reasons for growth.

You can look for a short entry point in the range of 58-60. Stop 62+. In percentage terms, this is quite far, so I advise you to select the position size while maintaining your risk management for the transaction. Potential downside target 35-.

And as I already said on YouTube: do not overestimate the risks, the market is very volatile right now!

Your Mark