Strategy until 21:00: If Volume Remains High: Observe resistance at 243-245. If it breaks, the price will likely try to rise to the 248 area. Buy positions can be maintained as long as the price remains above 241.44. If RSI Approaches Overbought or Volume Declines: Be prepared for consolidation or minor corrections. Set a stop-loss below 240 to anticipate a deeper decline. Interim Conclusion: Bias remains bullish as long as the price remains above 241.44. The nearest upside target is 243-245, with potential continuation to 248 if volume supports. However, be aware of corrections if RSI approaches overbought or the price falls below 240.
I shared my bearish lean on $SOL from $239.5, and now the price has dropped to $231. The downtrend is validating the analysis, but the key question remains:
👉 Will SOL find support here or continue its slide?
Here’s what I’m watching next:
Support Zones: Testing the $230 region.
Key Resistance: $239.5-$240 range.
Market Sentiment: Bears still seem in control.
What’s your take on $SOL ’s next move? 📉 or 📈? Share your thoughts below and let’s discuss!
$SOL Discipline is key in trading. My bearish position on $SOL is at 239.5, with a take profit target at 221.77. Focus on strategy, not emotions. What’s your approach to navigating such a volatile market? "Short $SOL from 239.5, TP 221.77. Stay disciplined, stay sharp!"
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