$SOL Today's Pro Futures Trading Plan: SOL/USDT (1H Chart) - May 20, 2025
• Trade Direction: Short Bias – SOL has rejected from the 200MA (171.42) and broken below the 20MA (167.20), forming lower highs with fading bullish momentum on the 1H chart.
• Entry Zone: 166.80–167.20 – Ideal short re-entry near 20MA retest with confluence of recent price rejection and waning volume.
• Stop-Loss: Above 171.50 – Clear invalidation if price breaks and holds above 200MA + previous swing high.
• Risk/Reward Ratio: Approx. 1:2.5 – Moderate risk setup with clean downside potential toward recent support levels.
• Profit Targets:
• Target 1: 164.00
• Target 2: 161.20
• Target 3: 159.50 (previous demand pivot)
• Exit Strategy Note: Secure partial profits at T1, trail stop to breakeven; move stop below MA20 after T2.
• Strategy Explanation: Structure shows failed breakout attempt above 171; pullback followed by sustained bearish candles confirms shift.
• Volume Profile / Order Flow Notes: Declining volume on green candles signals buyer exhaustion; sellers gaining control below MA20.
• Leverage Note: Moderate leverage (3–5x) preferred; clear levels allow for defined risk.
• Market Sentiment Overview: Short-term bearish; larger timeframes show consolidation after overextension—risk of deeper pullback.
• Invalidation Level / Caution Note: Close above 171.50 negates short idea; turn neutral.
• Alternative Scenario: Break and hold above 171.50 may trigger a breakout toward 174.50–176.00 with volume confirmation.
Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.