Yello, Paradisers! Are we about to witness a bullish surge in SOLUSDT, or should we brace for a breakdown?
đź’ŽThe current setup suggests that inducement might be in play, but the key to a higher probability bullish move lies in waiting for a Change of Character (CHoCH). If the price approaches the support zone and gives us that CHoCH, we can confidently plan our entry on the pullback.
đź’ŽHowever, be cautious! If the price breaks down below the support zone and closes a candle beneath it, that would invalidate our bullish outlook and signal a bearish trend. Since we're not interested in the bearish side for SOLUSDT, it would be wise to ignore any short positions in this scenario.
🎖Remember, patience and discipline are crucial. Only enter trades that align with your strategy and offer the highest probability of success. This approach is how you stay ahead in the long run. Stay sharp and trade smart, Paradisers!
MyCryptoParadise
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