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【$SOLUSDT】Don't rush to bottom fish/chase highs, check this first
$SOLUSDT Funds are fleeing frantically. Volume-driven selloffs during normal intraday fluctuations are not accidental. At the 4-hour level, the MACD histogram is still expanding downward, with price firmly pressed below EMA20 and EMA50. Bulls can't even touch the short-term moving averages. Buy depth is clearly weaker than sell depth, with heavy resistance above 88.5. Price remains under pressure in a negative funding rate environment—this is not a healthy pullback.
You can directly try shorts around the current price of 88.34, or wait for a bounce back to the 88.8-89.1 zone to add positions. Defense must be placed above 90.4, where the upper edge of the previous dense trading zone sits. First target below looks at the previous low support near 86.2, and after breaking through, watch 84.5. The risk-reward ratio is decent, but keep your position light—this downtrending structure tends to reverse repeatedly.
View live charts 👇 $SOLUSDT
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