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đŸ”» SOLUSDT đŸ”» SHORT - Local on 01/09

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SOL / TetherUS (BINANCE:SOLUSDT)  
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BINANCE:SOLUSDT   SOL / TetherUS
Trend Analysis Technical Indicators Beyond Technical Analysis solusdt SOLUSDTPERP solusdtidea solusdttrade
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trendanalysis indicator beyondta solusdt solusdtperp solusdtidea solusdttrade
SOL - 1-hour Chart -
SOLUSDT SOLUSDT SOLUSDT.P SOLUSDT

  1. I had hoped to see a breakout of the global BSL range, but instead, SOLUSDT moved lower without breaking out, leaving it intact.
  2. Currently, I observe a rather impulsive downward movement locally.
  3. I anticipate seeing price imbalance filling and further decline to the levels around 18.05 and below.
  4. I have marked the levels from which a price correction might be possible.

    What goes against my idea:
  5. Liquidity compression at 21.50-22
  6. Liquidity level at 22.20
  7. Conclusion: In case of a breach of the 21.10 level, the idea is canceled, and it is worth considering a long scenario towards the previously described long targets.



P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights.

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đŸ”» SOLUSDT đŸ”» SHORT - Target 18.40
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