๐Ÿ”ฅ $SOL /USDT PERPETUAL โ€” MY TRADE SETUP

$SOL is trading around $108โ€“110 after a strong rally, but momentum has cooled near the $110โ€“112 resistance zone. RSI is still elevated and derivatives positioning is relatively long-heavy, so a rejection here could trigger a deeper pullback.

๐Ÿ“‰ MY TRADE BIAS: SHORT


๐ŸŽฏ SHORT ENTRY: $109.50โ€“$110.80
๐Ÿ›‘ SL: $113.20

Take Profits:
๐ŸŽฏ TP1: $106.00
๐ŸŽฏ TP2: $103.50
๐ŸŽฏ TP3: $100.00

โšก Trigger: Wait for rejection from $109.5โ€“$110.8 + bearish 15M/1H confirmation.

๐Ÿ“Š Why this setup?
โ€ข $110โ€“112 = major near-term supply
โ€ข Recent rally has stretched price significantly
โ€ข Momentum is cooling after the move above $110
โ€ข $103โ€“104 is the first important downside support zone

โš ๏ธ Invalidation: If SOL gets a strong 1H close above $113.20, I would cancel the short idea.

๐Ÿ”ฅ My suggestion: Donโ€™t FOMO-short at market. Let SOL come into the zone, wait for confirmation, then take the trade.

Would you short the rejection or wait for a breakdown below $106? ๐Ÿ‘€

#SOL #Solana #SOLUSDT #CryptoTrading #FuturesTrading #BinanceSquare #TradingSetup #Altcoins