Crypto Master 786
--
Bearish
$SOL /USDT Short Trade Signal 🔥💯
Current Price: $255.13
Trade Setup:
Entry Zone: $258.00 - $265.00
Stop Loss: $270.00 (risk management is key)
Targets:
Target 1: $245.00
Target 2: $230.00
Target 3: $215.00
Market Context:
Price is encountering strong resistance around $258.00-$265.00 with a lack of follow-through in the recent rally.
RSI is showing overbought conditions, and MACD is starting to lose momentum, signaling potential reversal.
A confirmed break below $250.00 will provide a strong short signal, driving further downside.
Pro Tip:
Watch for volume divergence as price tests the $258.00-$265.00 resistance zone. Increased selling volume can confirm the bearish trend. Tighten the stop-loss if price tests the resistance again.
Let me know if you'd like further insights or adjustments to this trade!
$SOL
#USTaxExemptionPlan #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert
Current Price: $255.13
Trade Setup:
Entry Zone: $258.00 - $265.00
Stop Loss: $270.00 (risk management is key)
Targets:
Target 1: $245.00
Target 2: $230.00
Target 3: $215.00
Market Context:
Price is encountering strong resistance around $258.00-$265.00 with a lack of follow-through in the recent rally.
RSI is showing overbought conditions, and MACD is starting to lose momentum, signaling potential reversal.
A confirmed break below $250.00 will provide a strong short signal, driving further downside.
Pro Tip:
Watch for volume divergence as price tests the $258.00-$265.00 resistance zone. Increased selling volume can confirm the bearish trend. Tighten the stop-loss if price tests the resistance again.
Let me know if you'd like further insights or adjustments to this trade!
$SOL
#USTaxExemptionPlan #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.