Analysis and Recommendation
#تابعني_لحصولك_علي_المزيد_من_المعلومات
$SOL /USDT - Setting up a short sell trade - Strong selling pressure
Timeframe: 15-minute chart
Market Structure: The price has dropped from a high of 194.16 and continues to form lower highs. Bears are pushing the price down towards the support area at 180.00 with heavy trading volume.
Entry Level:
Open a sell trade between 183.50 and 185.00 after a slight correction.
Stop Loss:
Above 194.50 to protect against sudden bullish reversals.
Target Points:
First Profit Target: 181.50
Second Profit Target: 180.00
Third Profit Target: 177.50
Trade Analysis:
The stock $SOL is under continuous bearish pressure after failing to hold above the 190+ level. Strong rejection and selling volume confirm the bearish momentum. Retracements to the 183.5-185 area provide good selling opportunities targeting deeper support levels.
Sell and Buy from here