$SOL Short Trade Setup!
Entry (Short): $115.30 โ $117.00 (current zone is valid if momentum stalls)
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Stop Loss: $120.00 (above resistance + psychological level)
Take Profit Targets:
TP1: $108.00
TP2: $102.50
TP3: $95.00 (strong demand zone)
Risk/Reward: ~1:2.5 depending on entry and exit
Structure: Lower high forming under major resistance
Trend: Bearish bias unless $120+ is reclaimed with strong volume
Trade Triggers to Watch:
4H/1H candle rejection at $116+
RSI bearish divergence
Volume fading on green candles
BTC stalling or rolling over
Summary:
This is a scalp-to-swing short with good structure and decent downside room. Stay flexible โ if SOL pushes above $120 with strength, cut the trade and reassess.
Solana (SOL) at the current price: $115.31
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