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$SOL/USDT Short Trade Alert: Capitalize on the Downtrend
Current Market Analysis
$SOL/USDT is trading at 116.09, displaying strong signs of rejection from the 117.00–118.00 zone. Momentum is shifting downward, indicating a potential continuation of the downtrend.
Trade Setup
- *Entry Price*: 116.00 – 116.20
- *Take Profit (TP)*: 113.00
- *Stop Loss (SL)*: 117.50
Market Outlook
After a weak bullish attempt, sellers have regained control, and the price is printing lower highs and lower lows – a clear bearish pattern. This setup presents a great opportunity to ride the next move downward.
Trading Strategy
- *Stick to the Plan*: Adhere to your trading strategy and let the trade play out for a solid risk-reward ratio.
- *Momentum in Favor of Bears*: The current momentum favors the bears, making this a promising short trade opportunity.
Call to Action
Don't miss this setup – short now to maximize profit potential. Keep your stop loss in check and adjust your strategy according to market conditions.
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