š» $SOL /USDT Short Trade Signal ā Bearish Breakdown Confirmed!
šØ Head & Shoulders Pattern Signals Further Downtrend!
š Market Overview:
A classic Head & Shoulders formation has played out, confirming a strong bearish continuation. With momentum shifting downward, this presents an opportunity to capitalize on further declines.
š» Short Trade Setup:
š¹ Entry Zone: $212.11 ā $211.85
š¹ Target 1: $208.00
š¹ Target 2: $204.40
š¹ Stop Loss: $217.31 (Above the right shoulder to limit risk)
š Technical Analysis:
ā Failed to Break $216 Resistance ā Confirming the bearish setup.
ā Neckline Broken ā Sellers in control, increasing downward pressure.
ā Volatility Expected ā Watch for reactions near $208 support, with room for further downside if selling pressure persists.