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Saudien95
Saudien95
$SOL / $USDT — 21:24 Update 🚨 ❌ No Long at 85.86 ⏳ Waiting for Short around 86.50 📌 Setup: 🔻 Short: 86.50 🛑 SL: 87.00 🎯 TP: 84.94 Why avoid longs here? 👇 📊 $SOL bounced from 81.38 → 86.50 (+6.29%), but this recovery still only retraced ~42% of the previous dump from 93.67 → 81.38. Trend reversal is NOT confirmed yet. ⚠️ Price is also trapped inside a heavy MA cluster: • MA5 → 84.94 • MA10 → 85.33 • MA20 → 85.24 • MA30 → 85.47 • MA60 → 85.51 Support below. Resistance above. No clean breakout edge. Meanwhile MA120 at 88.81 still slopes downward and acts as major resistance 👁️ 📉 Volume is fading: • 4H volume ≈ 86.85K SOL • No aggressive new liquidity entering $BTC is still ranging near 77K and $SOL currently lacks a fresh narrative catalyst. 📌 Why Short 86.50? 86.50 = recent local high + upper range resistance. If price rejects there with a long upper wick, it offers a cleaner short setup than chasing longs into resistance. 📌 Risk Management 🛑 SL: 87.00 Break above = sideway structure invalidated. 🎯 TP: 84.94 Nearest MA5 support. ⚡ RR Ratio: ~1:3.07 Current view: As long as $SOL remains below MA120 (88.81), the broader structure still leans cautious rather than fully bullish. No breakout volume = no confirmed reversal yet. 🌪️ 📊 Today’s PnL: ✅ +218.2% from earlier $TIA trade 📈 May Winrate: 81 / 86 trades #ICEBacksOKXOilPerps

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