Professor_Michael
--
Bearish
$SOL /USDT Short Opportunity: Bearish Retest in Play!
Market Analysis:
Solana (SOL/USDT) is currently trading around $137.72, showing signs of a potential rejection from the resistance zone. The price is retesting the key supply zone, and if it fails to break above, we anticipate a strong downside move. The bearish structure suggests a shorting opportunity upon confirmation of rejection.
Trade Setup:
🔹 Entry Price: $140.39 (After Confirmed Retest)
🔹 Take Profit (TP): $125.20
🔹 Stop Loss (SL): $148.15
Additional Insight:
The setup is based on a clean liquidity grab at resistance, with sellers likely stepping in to push prices lower. Confirmation of rejection will provide an ideal short entry. Risk management is key—stick to the plan and adjust accordingly.
📉 Watch for price action at resistance before entering! Let’s see how this plays out. Stay sharp! 🚀
#SOLUSDT #CryptoTrading #ShortSetup #Binance
Market Analysis:
Solana (SOL/USDT) is currently trading around $137.72, showing signs of a potential rejection from the resistance zone. The price is retesting the key supply zone, and if it fails to break above, we anticipate a strong downside move. The bearish structure suggests a shorting opportunity upon confirmation of rejection.
Trade Setup:
🔹 Entry Price: $140.39 (After Confirmed Retest)
🔹 Take Profit (TP): $125.20
🔹 Stop Loss (SL): $148.15
Additional Insight:
The setup is based on a clean liquidity grab at resistance, with sellers likely stepping in to push prices lower. Confirmation of rejection will provide an ideal short entry. Risk management is key—stick to the plan and adjust accordingly.
📉 Watch for price action at resistance before entering! Let’s see how this plays out. Stay sharp! 🚀
#SOLUSDT #CryptoTrading #ShortSetup #Binance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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