đ„ Selling Opportunity on SOLï»ż$SOL amid BTC Weakness!
SOL$SOL is currently trading within a significant resistance area between 194 and 200, amid a decline in BTC momentum. Continued weakness in Bitcoin could push altcoins into further correction, and SOL$ is likely to decline if 200 isn't reliably breached.
đ Short Position:
Entry Area: 194-200
Stop Loss (SL): 207
đŻ Targets (TP): 1ïžâŁ TP1: 188
2ïžâŁ TP2: 180
3ïžâŁ TP3: 172
4ïžâŁ TP4: 164
đ Quick Technical Overview:
RSI is showing a clear overbought signal.
MACD is approaching a negative crossover.
The 194-200 area has historically been a strong resistance area.
â ïž Warning: A daily candle close above 207 invalidates this scenario and it is best to exit the trade.
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