🔥 $SOL Short Setup Alert
$SOL is showing weakness in the daily timeframe with a bearish close at $79.84. The price rejected the $80.40 resistance after consolidation, signaling seller control.
📊 Technical Analysis:
4H: Lower highs forming, resistance at $80.54
1D: Bearish daily candle, support at $78.85
RSI: Momentum turning negative
Trend: Lower highs and lows indicate downtrend resumption
📍 SHORT SETUP
Entry: $80.10-$80.20
Stop Loss: $80.65
TP1 (2RR): $79.25
TP2 (3RR): $78.40
Risk/Reward: 1:2-1:3
⚠️ Watch for rejection at $80.40 resistance. Break above closes the setup.
#SOL #Solana #Trading #CryptoAnalysis #ShortSetup #BinanceSquare
DYOR - This is not financial advice. Trade at your own risk.