$SOL
SOLUSDT
Perp
90.27
+4.96%
Entry: 123.60
Stop loss: 124.40
Take profit: 122.00
Market structure is bearish. On the 1H, price has been making lower highs/lows since the 124.9 top, with a clear break of structure earlier today.
On the 30m, price failed to hold 124.3–124.5 and is now closing below the BB mid, pointing to continuation.
ATR is contracting, so I’m expecting a measured move lower.
Waiting for a clean breakdown before entry.