Short Trade Signal for $SOL /USDT
Pair: SOL/USDT
Current Price: $147.52
24h Change: -1.13% (Minor Downtrend)
24h High: $153.40
24h Low: $144.63
Volume (24h): 2.93M SOL (~$438.73M)
Trade Idea:
> SOL has shown weakness after rejecting from $153.40 and is now trading under its 7, 25, and 99 MA cluster ($148.39–$150.72–$149.30).
Bearish structure forming — likely continuation to the downside if $147 breaks cleanly.
Entry for Short:
Ideal Entry Zone: $148.50 – $150.00 (if minor pullback happens)
---
Stop Loss:
Above $153.50
(Above recent high to avoid stop hunt.)
Target Zones:
First Target (TP1): $145.00
Second Target (TP2): $142.00
Third Target (TP3 - Extended): $138.00
Reason for Short:
Price rejected from 24h High + moving average cluster acting as resistance.
Small lower highs and lower lows developing = Bearish structure.
Decreasing volume on bounces = Weak demand.
If price loses $144.60 support, sharp selloff possible.
Risk Management:
> Risk maximum 1%–2% of account.
Confirm short entry with 15m or 1h bearish candlestick pattern (like bearish engulfing, or breakdown from trendline).
---
Important Note:
If SOL breaks and holds above $154, short idea becomes invalid. Always manage risk!