Technical analysis by SHIFU_ about Symbol SOL: Sell recommendation (9/1/2023)

SOL - 1-hour Chart - SOLUSDT SOLUSDT SOLUSDT.P SOLUSDT I had hoped to see a breakout of the global BSL range, but instead, SOLUSDT moved lower without breaking out, leaving it intact. Currently, I observe a rather impulsive downward movement locally. I anticipate seeing price imbalance filling and further decline to the levels around 18.05 and below. I have marked the levels from which a price correction might be possible. What goes against my idea: Liquidity compression at 21.50-22 Liquidity level at 22.20 Conclusion: In case of a breach of the 21.10 level, the idea is canceled, and it is worth considering a long scenario towards the previously described long targets. P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights. Subscribe ↗️ to stay updated on new ideas.