#SOL Today's Pro Futures Trading Plan for SOLUSDT - April 29, 2025

• Trade Direction: Short (Bearish Bias)

• Entry Zone: 149.19 – 153.35 (preferably near MA99 resistance at 158.83 or breakdown below MA7 at 149.756)

• Stop-Loss: 159.00 (above MA99 and 24h high, with volatility buffer)

• Risk/Reward Ratio: 1:3 (adjust based on tiered profit targets)

• Profit Targets:

• Target 1: 145.22 (24h low, immediate support)

• Target 2: 132.73 (MA25 dynamic support)

• Target 3: 130.00 (psychological level and extended downside)

• Strategy Explanation:

• Price trades below MA99 (158.83), signaling a longer-term bearish bias. Current price ($149.19) hovers near MA7 (149.756), with a breakdown below likely accelerating bearish momentum.

• The -1.45% decline and rejection from the 24h high (153.35) suggest selling pressure. High 24h USDT volume (3.19B) supports active participation in the downtrend.

• Tiered profit targets align with technical levels: 24h low (145.22), MA25 (132.73), and psychological support at 130.00.

• Market Sentiment Overview:

• Bearish sentiment dominates due to the price trading below MA99 and recent downward movement. However, proximity to MA7 and MA25 may invite short-term consolidation or minor rebounds.

• Invalidation Level / Caution Note:

• Invalidation Level: A sustained close above 159.00 (above MA99) invalidates the bearish structure.

• Caution: Watch for volatility near MA25 (132.73) and 24h low (145.22). Tighten stop-loss to breakeven if Target 1 is achieved.

• Risk Management:

• Limit risk to 1-2% of capital per trade. Use trailing stops if downward momentum extends beyond Target 1.

Note: Adapt to real-time price action, particularly around MA7/MA99 interactions and volume trends. Ensure strict adherence to risk parameters.

Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice. Always do your own due diligence.