$SOL /USDT – Short Trade Setup
Solana (SOL) has faced consistent selling pressure after rejection near the $213–215 zone, breaking lower with strong bearish candles on the 1h chart. The price is now testing $196, and continuation toward deeper support zones looks likely if momentum persists.
Entry Zone: $196 – $197
Targets:
TP1: $193
TP2: $190
TP3: $185 (final target)
Stop-Loss: $202.50
Risk Management: Allocate 3–5% of capital for this trade and shift SL to entry after TP1 is achieved to secure profits.
Pro Tip: Watch for volume confirmation — a spike in selling pressure below $195 could accelerate downside momentum toward the $185 zone.