#RiskRewardRatio

The SOL/USDT pair is currently trading at 116.09, showing strong signs of rejection from the 117.00-118.00 zone. The momentum is clearly pointing downwards!

Trading setup:

Entry price: 116.00 - 116.20

Take profit (TP): 113.00

Stop loss (SL): 117.50

Forecast:

After a weak upward attempt, sellers regained control. The price has started to record lower highs and lower lows - a clear bearish pattern. This is a great opportunity to take advantage of the downward move.