#StaySAFU #StopLossStrategies 💯
The SOL/USDT pair is currently trading at 116.09, showing strong signs of rejection from the 117.00-118.00 area. The momentum is clearly trending downwards!
Trading Setup:
Entry Price: 116.00 - 116.20
Take Profit (TP): 113.00
Stop Loss (SL): 117.50
Forecast:
After a weak bullish attempt, sellers regained control. The price has started to record lower highs and lower lows - a clear bearish pattern. This is a great opportunity to take advantage of the downward move.