$SOL – Bearish Retracement Ahead, Short Setup 🛑
Trade Setup:
Short $SOL
SOLUSDT
دائم
117.15
-0.16%
Entry Zone: cmp
Stop Loss (SL): 119.00
Target 1 (TP1): 115.00
Target 2 (TP2): 112.5
sol is currently testing a strong resistance level near the upper boundary of its upward channel. As price reaches these levels, there’s a high probability of a retracement toward key support zones.
The price is in a bearish trend reversal after encountering resistance around the 117.00 zone. RSI suggests weakening bullish momentum, and a short position at the current level offers favorable risk-reward opportunities.
Trade safe, and manage your risk! 📉
Trade $SOL here 👇