*$SOL USDT: BEARISH TREND CONTINUES! 📉💔*
The 4-hour chart of $SOL
$SOL USDT is showing a bearish trend, with the price consolidating after a significant drop. The chart indicates a potential continuation of the downtrend. 📊
*Key Levels:*
- Current Price: 201.70
- Support Level: 193.05 (previous low, potential support) 🛡️
- Resistance Level: 205.17 (previous high, potential resistance) ⛰️
*Trade Setup:*
- *Short Entry:* 200.00 (on breakdown below 201.50) 📉
- *TP1:* 195.00
- *TP2:* 193.00
- *SL:* 203.00 (above resistance level) ❗️
*Risk Management:* 🔒
Risk 1-2% of your account balance per trade. Use position sizing to manage your risk. 📊
Let's stay cautious and ride the bearish wave! 🌊💥
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