Solana ($SOL) Short Trade Setup – Bearish Signals Flashing! 🚨
Solana is facing intense selling pressure after a strong rejection at the top of its channel. Multiple technical indicators now point toward a potential pullback.
🔎 Bearish Signals in Play
•Resistance Rejection – Price turned sharply from key levels.
•Candlestick Patterns – Bearish reversal formations forming.
•Fibonacci Levels – Signs of exhaustion near the $250 zone.
•RSI – Overbought, signaling stretched momentum.
•MA & Ichimoku Cloud – Weakness starting to build.
•Bollinger Bands – Tight range, volatility brewing.
💥 Trade Setup (High Probability Short)
●Entry Zone: $238 – $237
●Take Profit 1: $225
●Take Profit 2: $200
●Stop-Loss: $260
●Leverage: 6x
●Trend: Bearish → Shorting the rejection zone
📉 Bulls are running out of steam. This setup offers traders a clear short opportunity if selling pressure intensifies.
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