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Bearish
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\Usdt 4 Hours Time Frame Bearish setup🚨
Hacker Strategy More updates follow Me
Bearish setup in
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$SOL /USDT Bearish setup 🚨 Hacker Strategy More updates follow Me 🚨 This is a 1-hour chart of SOL/USDT Trade Setup Overview: Current Price: ~$175.05 Entry Point: Around 175.09 (marked by blue horizontal line and entry candle) Stop Loss (SL): Around 175.80 (red zone above the entry) Take Profit (TP): Around 173.00 (green zone below the entry) Chart Analysis: 1. Trend: Recent price action shows a strong downward trend, with consecutive bearish candles. 2. Entry Logic: The trade is a short/sell position. Entry was likely made after a bearish rejection from the EMA or minor structure resistance. Trader expects price to drop further towards the 173.00 level. 3. Risk-to-Reward Ratio (RRR): SL is small (~0.7 points above), TP is large (~2 points below), suggesting a good RRR (approx. 1:3). That’s a positive sign for proper risk management. 4. Bearish Confirmation: The green candle that hit the EMA and then showed weakness might be a signal of rejection, confirming bearish sentiment continuation. 5. Key Levels: Resistance: 175.80 – 177.67 zone Support: 173.00 zone (target)
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