$SOL

going to high point 🚀😍

USDT technical analysis and target 🎯

Entry Zone:

Enter a short position if the price:

Fails to break $219.00 (resistance).

Breaks below $211.00 (support).

Stop Loss:

Place the stop-loss slightly above the key resistance level:

For $219.00 rejection: Stop loss above $220.50.

For $211.00 breakdown: Stop loss above $213.50.

Targets 🎯:

1. Target 1: $207.00 (nearest support).

2. Target 2: $200.00 (psychological and historical support).

3. Target 3: $193.50 (extended target for strong bearish momentum).

RSI: Falling below 50 (indicates bearish momentum).

MACD: Bearish crossover on 1h/4h charts.

Volume: Increased selling volume near resistance or during breakdown.

Risk Management:

1. Use 1–2% of your trading capital for the trade to limit potential losses.

2. Monitor key levels closely, as a breakout above $219.00 invalidates the short setup.

Example Short Trade Plan:

1. Entry: $217.00 (near resistance or after breakdown).

2. Stop Loss: $220.50.

3. Targets:

Target 1: $207.00.

Target 2: $200.00.