🔥 Selling opportunity on SOL$SOL coinciding with BTC weakness!

The SOL$SOL currency is currently trading within an important resistance area between 194 - 200, amidst a decline in BTC momentum. Continued weakness in Bitcoin may push alternative currencies for further correction, and SOL$ is a candidate for potential decline if 200 is not firmly breached.

📉 Sell trade (Short):

Entry area: 194 - 200

Stop Loss (SL): 207

🎯 Targets (TP): 1️⃣ TP1: 188

2️⃣ TP2: 180

3️⃣ TP3: 172

4️⃣ TP4: 164

📊 Quick technical outlook:

RSI shows clear overbought conditions.

MACD is approaching a negative crossover.

The area between 194-200 has historically formed strong resistance.

⚠️ Alert: Closing a daily candle above 207 invalidates this scenario, and it is preferable to exit the trade.

$SOL

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