๐จ While many traders are looking for a recovery, $SOL is approaching a key reaction zone where sellers could regain control.
๐ $SOL โ SHORT ๐ด
๐ฏ Trade Plan:
๐ Entry: 68.00 โ 70.00
๐ SL: 73.50
๐ฏ TP1: 64.50
๐ฏ TP2: 60.00
๐ฏ TP3: 55.50
โก Why this setup?
$SOL is testing an important resistance area after a recent bounce. Momentum is improving, but price is entering a zone where previous selling pressure has appeared multiple times.
A rejection from this region could trigger profit-taking and push the price back toward lower support levels before any larger bullish continuation develops.
๐ง Conditions to Watch:
๐ Rejection and weakness around resistance confirm the short idea
๐ Strong volume breakout above resistance invalidates the setup
๐ BTC strength could support a bullish continuation instead
๐ค Debate:
Will sellers defend this zone again, or is SOL preparing for a larger breakout? ๐
๐ Click below for trade ๐๐ป ๐
#solana
๐ $SOL โ SHORT ๐ด
๐ฏ Trade Plan:
๐ Entry: 68.00 โ 70.00
๐ SL: 73.50
๐ฏ TP1: 64.50
๐ฏ TP2: 60.00
๐ฏ TP3: 55.50
โก Why this setup?
$SOL is testing an important resistance area after a recent bounce. Momentum is improving, but price is entering a zone where previous selling pressure has appeared multiple times.
A rejection from this region could trigger profit-taking and push the price back toward lower support levels before any larger bullish continuation develops.
๐ง Conditions to Watch:
๐ Rejection and weakness around resistance confirm the short idea
๐ Strong volume breakout above resistance invalidates the setup
๐ BTC strength could support a bullish continuation instead
๐ค Debate:
Will sellers defend this zone again, or is SOL preparing for a larger breakout? ๐
๐ Click below for trade ๐๐ป ๐
#solana