Hey folks, jump into this short play on $SOL with 10x - 20x isolated leverage on futures...📉📉
Current entry zone: $71.00 - $71.50
TP 1: $70.10
TP 2: $69.00
TP 3: $68.30
TP 4: $67.15
SL (Stop Loss): $73.10
Setup zone (based on the current 1h candlestick):
The price is currently trading below the fast moving averages MA7 ($73.77) and MA25 ($73.90), confirming the current bear control.
We're close to breaking the psychological and nearby support line at $70.76 (lowest level in 24 hours), and a break and close below it will open the door for a drop towards the next liquidity levels at $68.30.
The Relative Strength Index RSI(6) is stable at 36.49, giving some additional room for more downside before hitting full oversold conditions.$SOL
Current entry zone: $71.00 - $71.50
TP 1: $70.10
TP 2: $69.00
TP 3: $68.30
TP 4: $67.15
SL (Stop Loss): $73.10
Setup zone (based on the current 1h candlestick):
The price is currently trading below the fast moving averages MA7 ($73.77) and MA25 ($73.90), confirming the current bear control.
We're close to breaking the psychological and nearby support line at $70.76 (lowest level in 24 hours), and a break and close below it will open the door for a drop towards the next liquidity levels at $68.30.
The Relative Strength Index RSI(6) is stable at 36.49, giving some additional room for more downside before hitting full oversold conditions.$SOL