🚨 $SOL : Still in Prime Short Zone - Don't Miss the Boat! 📉
Plan trade: Short 🔴
Entry Zone: 137 - 140
Take Profit:
🎯 TP1: 133
🎯 TP2: 130
🎯 TP3: 128
Stop Loss: 146
🔥 Technical Analysis:
On the H4 chart, $SOL is struggling to break the psychological resistance at $140. Price is consolidating within the Entry zone, with RSI showing signs of weakness. The price structure suggests buyer exhaustion, offering a prime opportunity for a trend-following Short.
⚠️ Stop Loss Rationale:
The 146 level sits above the recent highest wick. If the price breaks this level, the short-term bearish structure will be invalidated.
SOLUSDT
Perp
132.28
-0.42%