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Based on the 30-minute SOLUSDT chart the price is currently trading around
$83.01, below the SMA44 (83.12) suggesting short term bearish pressure.
The market structure shows a recent Change of Character (CHoCH) and Break of Structure (BOS), likely indicating a shift from bullish to bearish momentum after the rejection near $89.00.
Resistance:
83.12 SMA44 84.00, $89.00
Support 82.00 $80.00 $79.00
Entry & Exit Levels Bearish Scenario (Preferred)
Entry Short
$83.10–$83.20 (retest of SMA44 or breakdown below $83.00)
Stop Loss
Above 84.10 recent swing high
Take Profit
$82.00 (minor support)TP2 80.00 (key psychological level)Bullish Scenario (if price reclaims SMA44
Entry Long Above $83.20 with confirmation (e.g., 15m candle close above SMA44 Stop Loss
Below $82.50Take Profit $85.00TP2: $89.00
#SOL$SOL