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【$SOL】Flat Position, Selling Pressure Visible but Support Holding, Awaiting Direction Confirmation
$SOL The market appears panicked, but buying support near 88.5 below is evident, and bears have not formed crushing pressure. The 4-hour chart shows continuous lower wicks, selling pressure being quickly digested, but bulls lack volume backing for counterattacks—typical consolidation. Chasing highs at current levels carries more risk than reward; patiently waiting for capital direction indication is more prudent.
🎯 Direction: Flat Position🛡️ Strategy: Wait for price to effectively break below 88.5 or stabilize above 89.5 before taking action⚡ Entry: Go short when breaking 88.5, or go long when breaking 89.5🛑 Stop Loss: Short position stop loss 89.8, long position stop loss 88.2🚀 Targets: Bears targeting 86.2, bulls targeting 92.3
Check Real-time Market 👇 $SOL
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