Time Frame: 4H
Symbol: SOLUSDT
Entry: 32.96
TP: 30.72
SL: 35.13
Bias: Short
This instrument has a selling bias. We are planning a selling set up based on current market dynamics.
Time Frame: 4H
Symbol: SOLUSDT
Entry: 30.92
TP: 26.56
SL: 34.16
Bias: Short
The current price trend is showing a bearish bias and therefore we are looking for a short opportunity.
SOLANA (SOL) is indicating another 10-15% fall towards 64.18-60.56 from around 69.42-70.81 Range.
Possibility will get negated if SOL closes a complete 5 minutes candle above 70.81.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
