#RiskRewardRatio
*$SOL / USDT Perfect Short Trade Opportunity 🔥💯*
Solana (SOL) has just printed a clear rejection below $108 after a failed bullish breakout attempt, indicating sellers are stepping back in with strength from resistance:
Trade Setup
- *Entry*: $106.50 – $107.50
- *Target 1*: $104.80
- *Target 2*: $103.20
- *Final Target*: $101.50
- *Stop Loss*: $109.20
Analysis
The aggressive wick and sharp sell-off candle signal a textbook fakeout followed by downside momentum. Ride the wave down as long as the bearish structure holds! The current price of SOL/USDT is around $107.22 with a 6.34% increase.
Market Insights
- *Current Price*: $107.22
- *24h High/Low*: $111.99 - $106.50