$SOL
#sol #solnameme #solana /USDT Short Position Analysis
Current Price: $166.43
24h Range: $157.28 ā $168.92
Trend: Bearish (short-term)
š¹ Technical Overview
MA60 (167.36) ā Price is below MA60, showing bearish momentum.
MACD: Both MACD and signal lines are negative, confirming downward strength.
RSI (~38) ā Indicates selling pressure, but not yet oversold.
Volume Spike: Recent red volume bars show strong selling activity ā bears are in control.
š¹ Short Setup View
Entry Zone: $166ā167 (current region)
Target 1: $162
Target 2: $158 (support area)
Stop Loss: $169 (above MA60 resistance)
š¹ Sentiment
Short-term: Bearish
Medium-term: Neutral to bullish (if it holds above $155ā$158 support zone)
š¹ Conclusion
> ā Ideal for short trades below $167 with tight stop-loss.
ā ļø Avoid holding long shorts if price bounces above $169 ā it can trigger a recovery to $172+.