$SOL / USDT: Short Setup at Resistance
Solana is approaching a heavy resistance zone near the $90 psychological level. While the recent trend has shown some recovery, momentum indicators are beginning to signal exhaustion as it nears this ceiling.
Strategy: Bearish Reversal (Short)
Condition: Look for a strong rejection candle at the $90 level before entering.
Stop Loss (SL): $91.50 (Protecting above the resistance wick)
🎯 Trade Details
Entry Zone: $89.50 – $90.00
Primary Target (TP): $86.00
Risk/Reward: Highly favorable if the $90 rejection holds.
Trader's Note: The $90 mark is the "make or break" point for $SOL right now. If it fails to flip this into support, we anticipate a quick slide back toward the $86 range. Stay disciplined with your SL—a clean breakout above $91 invalidates this bearish thesis. 📉🔥
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