#StopLossStrategies This setup outlines a potential short opportunity on Solana (SOL) against USDT, based on expected price action and key resistance zones.
Entry Zone: $116.00 – $116.20
Look for a retracement into this area to initiate short positions, ideally after a bounce into resistance.
Take Profit (TP): $112.00
Targeting a move downward from the entry zone for potential gains.
Stop Loss (SL): $119.50
Positioned just above resistance to limit downside if the trade moves against you.
Risk-Reward Ratio: ~1:2
Favorable R:R aligned with disciplined risk management — risking less to gain more.
This setup suits traders anticipating a short-term rejection at resistance.
As always, adapt levels based on live market dynamics and your personal risk tolerance.
$SOL #StopLossStartegies