Coin Name: $SOL
Position: Short
Entry Price: 139.55 (Enter this price)
On the 1-hour timeframe, SOL has formed a rising wedge pattern. It recently broke below the wedge’s lower trendline, indicating potential bearish momentum. Currently, SOL appears to be retesting the broken trendline from below. If the retest holds, a further move to the downside is likely.
On the 1-hour timeframe, SOL has formed a rising wedge pattern. It recently broke below the wedge’s lower trendline, indicating potential bearish momentum. Currently, SOL appears to be retesting the broken trendline from below. If the retest holds, a further move to the downside is likely
BTC.D has formed a falling wedge pattern, which is typically a bullish setup. It has already broken above the upper trendline and completed a clean retest, confirming the breakout. If BTC.D continues to move higher, it could signal a shift of capital back into Bitcoin—often leading to downside pressure across the altcoin market.
Leverage: 5x
Targets:
1st TP 136.00
2nd TP 133.00
3rd TP 130.50
Stop-Loss: 145.00
This is my personal prediction, but as we all know, the crypto market is highly volatile. If you're considering this trade, be sure to conduct your own thorough research before making any decisions.
$SOL
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