$SOL
USDT BEARISH PRESSURE BUILDING - TIME TO SHORT!
📉 Current Price: $152.86
🔑 Key Levels:
Resistance: $154.00 (Strong resistance level)
Support: $148.40 (Critical support zone)
🔴 Trade Setup:
Entry: Short entry around $152.86 - $153.00
Take Profit (TP): First target at $148.40 (next strong support level)
Stop Loss (SL): Place SL at $154.50 (above resistance)
💡 Market Outlook:
The price is currently facing significant resistance near $154.00, and after forming a bearish pattern, we expect a downside move. There is a clear setup for a short position with a potential target around $148.40.
🔒 Risk Management:
Set a tight stop loss above $154.50 to limit risk.
Ensure position size is in line with risk tolerance, targeting no more than 1-2% risk per trade.
Stay cautious, manage your risks, and let the market do the work! 📉🔴