$SOL is showing a potentially bearish setup, with the current structure favoring a downside move if price remains below the key resistance area. Traders can watch the entry zone carefully for rejection and confirmation before opening a short position.
đŻ Trade Plan
đš Entry Zone: 101.2877 â 101.6323
đ Stop Loss: 105.6139
đŻ Take Profit Targets:
⢠TP1: 98.3446
⢠TP2: 96.2677
⢠TP3: 93.1523
đ Trade Idea: SHORT đ´
The setup targets a gradual move lower, with TP1 acting as the first support/profit-taking area. If bearish momentum continues, price could potentially extend toward TP2 and TP3.
â ď¸ Risk Management: Use proper position sizing and consider securing partial profits at each target. A stop-loss is essential because market conditions can change quickly. This is a technical setup, not a guaranteed outcome.
#solana #Solana⊠#solusdtfuturetrading #Crypto #Trading #ShortSetup #TechnicalAnalysis
đŻ Trade Plan
đš Entry Zone: 101.2877 â 101.6323
đ Stop Loss: 105.6139
đŻ Take Profit Targets:
⢠TP1: 98.3446
⢠TP2: 96.2677
⢠TP3: 93.1523
đ Trade Idea: SHORT đ´
The setup targets a gradual move lower, with TP1 acting as the first support/profit-taking area. If bearish momentum continues, price could potentially extend toward TP2 and TP3.
â ď¸ Risk Management: Use proper position sizing and consider securing partial profits at each target. A stop-loss is essential because market conditions can change quickly. This is a technical setup, not a guaranteed outcome.
#solana #Solana⊠#solusdtfuturetrading #Crypto #Trading #ShortSetup #TechnicalAnalysis