$SOL /USDT Short Sell Signal - 'Bear Flag' pattern breakdown in progress!
Solana failed to recover above the resistance level of $163 and is now forming lower highs with declining trading volume on the one-hour time frame. The breakdown below $158 confirms the presence of a short-term bearish structure, and the price is now consolidating just below that area, indicating further decline.
Trading Settings (Short Selling):
Entry Price: $156.40 - $157.50
Take Profit 1: $154.10
Take Profit 2: $151.80
Take Profit 3: $149.20
Stop Loss: $158.80
Why Short Sell?
After a sharp rejection from the high at $163, the price continued to decline $SOL and failed to regain the lost support level. Price behavior shows a bearish signal with weak upward attempts and intense selling. If the price breaks below $155.80, the downward momentum may accelerate.
Risk Management Advice:
Keep your Stop Loss (SL) above the resistance level at $159. Partial profits at each Take Profit level help secure gains in volatile conditions.
Sell smart - don’t chase green candles when the trend turns red!
Seize the momentum before it fades - profits favor the brave!
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