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$SOL Futures Trade Setup (1H Timeframe)
📊 Timeframe: 1 Hour (1H)
📍 Market Bias: Bearish to Neutral
$SOL is trading below the MA99 (78.57) and struggling to reclaim the 78.20 - 78.60 resistance zone. The structure currently favors sellers unless buyers break above the higher moving averages with strong volume.
🎯 Trade Setup: SHORT
🔻 Entry Zone: 78.10 - 78.40
🎯 TP1: 77.40
🎯 TP2: 76.80
🎯 TP3: 76.30
🛑 Stop Loss: 78.95
⚖️ Risk : Reward Ratio:
✅ TP1 → 1:1
✅ TP2 → 1:2
✅ TP3 → 1:3+
❌ Trade Invalidation:
A strong 1H candle close above 78.95 would invalidate the bearish setup and could open the door for a move toward the 79.50 - 80.00 region.
📌 Trade Management:
• Consider partial profit-taking at TP1.
• Move stop loss to breakeven after TP1 is hit.
• Keep risk per trade below 1-2% of your account.
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