$SOL

SOL
SOL
122.33
-4.31%

/USDT Analysis – Bearish Bias Across Multiple Timeframes

Daily and 4-hour charts show a clear bearish trend, with price trading below all major moving averages. Momentum is aligning on shorter timeframes as well, with the 1-hour chart also below its EMAs. A 15-minute RSI remaining under 50 signals ongoing weakness, and a break below the 1-hour low near $122.60 could accelerate the downside. The structure supports a high-probability short entry.

Trade Setup – Short:

Entry: 122.597 – 123.703 (market)

Take Profit 1: 119.832

Take Profit 2: 118.726

Take Profit 3: 116.513

Stop Loss: 126.466