SOLUDT, Wed 02 Oct, October, The Month of great events!
2024-10-02

You witnessed the downward trend of the price since Monday afternoon.
And we saw a sharp bearish trend yesterday that we could have a good short trade as long as the red box.
I call this box: "5 handles" box. And each handle is 2 Solana.
I expect to have another box today and maybe tomorrow.
In London, you could get a scalp short Position!. Because in the 4-hour time frame, before 3 am, a short setup was formed.
One scenario is that the price reaches 147 and from that a set-up of shorts is formed and a 5 handle shorts can be bought up to the price of 137.
I think it is unlikely that despite the bearish market, the price will go up to the daily FVG area (i.e. 150-151).
I also posted the link to the Big Picture Chart, be sure to check it out!
If you have any idea, please comment and boost!
thanks