SOL/USD

"The current market setup for SOL/USD suggests a bearish opportunity, reinforced by strong technical indicators showing a sideways trend with a bearish bias. RSI is below 50, and the MACD is flat, indicating weak momentum. The price is close to support, but with resistance at $129.38 and a critical downside target at $116, the risk/reward ratio is favorable. Social sentiment is neutral, but news highlights potential bearish breakdown risks below $116. Given these factors, a short trade is a high-probability setup with a clear risk management plan. Confidence is bolstered by the lack of current positions, allowing for fresh exposure. --- Trade Exited --- Reason: Bearish thesis has reversed. Price bounced 8% from $119.02 low back to $127.28, now trading above both SMA20/50 at $126.11 (+1.0%). Daily RSI recovered from deeply oversold 33.36 to 45.06 with rising momentum. 4H RSI recovered from extreme 23.36 to 45.06. Critical support at $117.12 held firm and rejected downside, invalidating the breakdown thesis. Trend has shifted from bearish to sideways with bullish momentum building.. Bearish signals have collapsed. Only 1 of 4 original signals remains:..."