#CardanoDebate
### **SOL/USDT Short Trade Strategy** 🚨
#### **Current Market Overview**
- **Price:** $145.57 (-0.58%)
- **Trend:** Bearish rejection from resistance, momentum weakening.
- **Key Structure:** Breakdown below $145.00 could accelerate selling.
#### **Critical Levels**
- **Resistance:** $148.50 (Strong rejection zone)
- **Support:** $143.50 (Initial target) → **$141.00** (Next major level)
- **Breakdown Trigger:** $145.00 (Confirms bearish continuation)
#### **Trade Setup (Short)**
✅ **Entry Zone:** $145.50 – $147.00 (Optimal for risk-reward)
🎯 **Take Profit Targets:**
- **TP1:** $143.50 (Quick scalp)
- **TP2:** $141.00 (Mid-term swing)
- **TP3:** $138.50 (Aggressive downside target)
⚠️ **Stop Loss:** $149.00 (Above resistance, avoids false breakouts)
#### **Execution Plan**
1. **Confirmation Needed:**
- Rejection at **$146–$147** (bearish engulfing or long wick).
- Breakdown below **$145.00** with increasing sell volume.
2. **Ideal Entry Signs:**
- Lower highs on **15m/30m chart**.
- RSI (4h) failing to hold above **50** (weak momentum).
3. **Risk Management:**
- **SL at $149.00** (allows for minor volatility).
- **Scale out profits** at each TP level.
#### **Why This Could Work?**
- **Failed Breakout:** SOL couldn’t hold above $148.50.
- **Bearish Momentum:** Lower highs suggest sellers are stepping in.
- **BTC Correlation:** If Bitcoin drops, SOL likely follows.
### **Final Thoughts**
✅ **High probability if $145 breaks.**
⚠️ **No early entries—wait for confirmation.**
💰 **Secure partial profits at each TP.**