#StopLossStrategies | SOL/USDT Short Trade Setup
Here’s a quick breakdown of a potential short trade opportunity on Solana (SOL) against USDT, built around solid risk management principles:
Entry Zone: $116.00 – $116.20
This is a potential resistance zone. Watch for a bounce into this area to initiate a short position.
Take Profit (TP): $112.00
Looking to capture downside movement from resistance to this target level.
Stop Loss (SL): $119.50
Placed just above key resistance to protect against unexpected breakouts.
Risk-Reward Ratio: 1:2
For every $1 risked, there’s a potential $2 gain — a balanced and smart approach.
This setup suits traders anticipating a short-term rejection from resistance. Always tailor your SL/TP levels to real-time market conditions and your own risk appetite.
Want this strategy adapted for other timeframes or indicators? Let me know!
$SOL #StopLossStrategies
