$SOL
$SOL /USDT Short Trade Signal 🛑 🚦
Imminent downward collapse — decline coming from a bullish trap 🔻
$SOL/USDT formed a sharp vertical rise followed by a descending triangle — a continuation pattern to the downside. After several failed attempts to break above $204, the price is now tightly consolidating at the support base at $201. A breakdown from here is very likely, leading to a quick drop towards the low liquidity area. The structure indicates weakness — it's time to strike with a short trade.
🔴 Short Trade Signal
Entry Area: 201.00 – 202.00
Stop Loss: 206.50
Take Profit:
• TP1: 198.00
• TP2: 195.00
• TP3: 192.00
Margin: 2-3% of the portfolio
Leverage: 10x
📉 Market Outlook:
Momentum has faded after the rise, and the descending triangle shows that buyers are under pressure. A breakdown below $201 would confirm the bearish move. Adding volume divergence increases the pressure — bears are watching for a clean sweep of the lower range.