【$SOL Signal】Empty Position + Downtrend Continuation Observation
$SOL Price decline accompanied by stable open interest, not a liquidation-style drop, indicating orderly distribution by the main players. Continuous bearish candles on the 4H chart, buying momentum weak, resistance around 85.7 during rebounds. Although takers are buying, the price has not risen, a typical trap for bullish traders. Funding rates turning negative, initial signs of bearish sentiment.
🎯 Direction: Empty Position
The current structure is slightly bearish, but no signs of panic selling acceleration. The range of 85.2-85.8 is a dense supply zone. Wait for the price to effectively break below the previous low of 83.4 to confirm the continuation of the decline, or a rebound above 86.5 indicating a structural breakdown. Entering at the current price offers poor risk-reward; staying in a wait-and-see stance is the best option.
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【$SOL Signal】Empty Position + Downtrend Continuation Observation
$SOL Price decline accompanied by stable open interest, not a liquidation-style drop, indicating orderly distribution by the main players. Continuous bearish candles on the 4H chart, buying momentum weak, resistance around 85.7 during rebounds. Although takers are buying, the price has not risen, a typical trap for bullish traders. Funding rates turning negative, initial signs of bearish sentiment.
🎯 Direction: Empty Position
The current structure is slightly bearish, but no signs of panic selling acceleration. The range of 85.2-85.8 is a dense supply zone. Wait for the price to effectively break below the previous low of 83.4 to confirm the continuation of the decline, or a rebound above 86.5 indicating a structural breakdown. Entering at the current price offers poor risk-reward; staying in a wait-and-see stance is the best option.
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Follow me: Get more real-time analysis and insights on the crypto market!