$SOL Idea for $trading ✍️
Short 🪂 at $SOL 🪙
Current price: ~$149.00
Entry zone: $149.00–149.50
Stop: above $151.00 — breakout resistance zone and scenario breakdown 🥊
Targets: 🥅
⚽️ $145.00 — local support and nearest retracement zone
⚽️ $141.00 — consolidation level and increased volumes
⚽️ $135.00 — beginning of the previous impulse, deep liquidity
🏋️♀️ $130.00 — distant target in case of an impulsive dump
Pros of entry: 🤔
• The price is at resistance $149–150, from which it previously bounced
• A bearish candle is forming on the 15m and 1H — a clear signal of weakness
• RSI on 1H and 4H — in overbought zone, turning down
• Volumes do not support the rise — bullish momentum is fading
Cons: 👀🚨
• The overall trend for SOL on the daily chart remains bullish for now
• With a strong spike up in BTC, Solana may break out of resistance
• Fakes are possible — false breakout at $150 and sharp drop
What confirms entry into short: 🪂
— The first bearish candle from $149+ has already started to form
— Lack of buyers and sluggish behavior at resistance
— Classic: retest + fading = readiness for a reversal
What will cancel the scenario: 🥊👇‼️
— Fixation on 1H or 4H above $151.00 with volume
— Then the scenario will break → it's better to exit and re-enter later
Advice: 👩🎓
— If you are confident — enter right now from $149.00–149.30
— Want a bit more confirmation — wait for the closure of this bearish candle
— Don't forget — a stop is mandatory. Solana can 'joke' with a spike up
— Partial profit can be taken already at $145, the rest — hold by levels
