$DRIFT – Weak Hold Near Resistance, Short Opportunity

Trading Plan (Short)

Entry: 0.0433 – 0.0438

SL: 0.0470

TP1: 0.0410

TP2: 0.0385

TP3: 0.0370

$DRIFT /USDT is trading at 0.04350, facing resistance at 0.04654 (MA7) with previous lower high at 0.05082 acting as additional ceiling. Buyers are struggling, and the 1H chart shows price forming lower highs near resistance, indicating sellers are controlling short-term momentum.

If price fails to hold above 0.0430, a move toward 0.0410 and potentially the 24h low at 0.0370 is likely. This setup is driven by resistance rejection + weak bullish follow-through — ideal for shorting unless a decisive breakout above 0.05082 happens.

Trade $DRIFT here 👇

DRIFTSolana
DRIFTUSDT
0.04685
+25.40%

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