🚀 $SOL
| SHORT SETUP
🎯 Trading Plan:
Entry: 65.5 – 65.7
TP1: 64.7 (-1.92%)
TP2: 64.1 (-3.08%)
TP3: 63.2 (-4.77%)
Stop Loss: 66.8 (-1.36%)
📊 Technical Analysis:
On the 15-minute timeframe, the RSI indicator is showing signs of weakening bullish momentum, around the 44.66 level, which could signal increasing selling pressure. The main trend on the daily candlestick chart remains bearish, while the ATR indicator on the 1-hour chart is tightening around 1.01, indicating low volatility before a potential breakout.
Entering at the price range of 65.5 – 65.7 is considered based on these technical signals. The first take profit target is at 64.7 and further down at 64.1, providing an attractive potential Risk/Reward ratio if the bearish signal is confirmed.
Trade $SOL now by clicking on the chart below 👇
| SHORT SETUP
🎯 Trading Plan:
Entry: 65.5 – 65.7
TP1: 64.7 (-1.92%)
TP2: 64.1 (-3.08%)
TP3: 63.2 (-4.77%)
Stop Loss: 66.8 (-1.36%)
📊 Technical Analysis:
On the 15-minute timeframe, the RSI indicator is showing signs of weakening bullish momentum, around the 44.66 level, which could signal increasing selling pressure. The main trend on the daily candlestick chart remains bearish, while the ATR indicator on the 1-hour chart is tightening around 1.01, indicating low volatility before a potential breakout.
Entering at the price range of 65.5 – 65.7 is considered based on these technical signals. The first take profit target is at 64.7 and further down at 64.1, providing an attractive potential Risk/Reward ratio if the bearish signal is confirmed.
Trade $SOL now by clicking on the chart below 👇