📉 $SOL /USDT – Short Trade Idea (Retest Entry) 📉

🗓️ High-probability setup after a sharp drop from $206 ➡️ $187

🔍 Market Context:

SOL just dumped hard from $202 to $187, breaking key support zones. Price is now bouncing weakly and approaching the $193–$194 zone — which is likely to act as fresh resistance (previous support turned resistance 📈➡️📉).

This is a classic bear-market bounce setup – we're looking to short the lower high on the retest.

🎯 Trade Setup:

🔻 Short Entry Zone:

📍 $193 – $194 (watch for rejection wick or bearish candle)

🔺 Stop Loss:

❌ Above $195 – invalidates lower-high thesis

🎯 Targets:

1️⃣ TP1: $190 – minor intraday support

2️⃣ TP2: $186 – reaction zone from recent drop

3️⃣ TP3: $183 – low before the bounce

4️⃣ TP4: $177 – clean liquidity zone, key swing support

📌 Why This Works:

✅ Bearish momentum intact in short Timeframe – no real bullish reversal structure

✅ Bounce on low volume = weak buyers

✅ $193–$194 = strong resistance zone (prior breakdown point)

✅ Risk-reward favorable – tight SL above key level

✅ Aligns with trend-following continuation strategy

⚖️ Risk Management Tips:

✔️ Keep SL tight above $195

✔️ Size appropriately – don’t overleverage

✔️ Move SL to entry after TP1 hit

✔️ Take partial profits at each TP

🧠 Extra Insight:

Watch the 15m/30m chart for rejection candles, bearish engulfing, or failure to break $194 with strong volume. Weak price action here confirms entry.