$BNSOL/USDT - Price Rejected at Resistance! Short Trade Alert! đš
Price: $137.8 (+2.84%)
đ $BNSOL hit strong resistance around $140â$142 and got sharply rejected, breaking its structure with a big bearish candle on the 30-minute chart. This might mean a bigger drop is coming.
đ Important Levels:
âą Resistance: $142.0 â $140.0
âą Support: $135.0 and $131.0
âą Breakdown Level: $137.0
đ How to Set Up a Short Trade:
âą Entry Area: $137.0 â $138.5
âą Price Targets:
âą TP1: $135.0
âą TP2: $132.0
âą TP3: $129.5
âą Stop Loss: $140.8
đ» Market View:
After testing the upper resistance, $BNSOL showed a strong bearish candle, suggesting the bullish momentum has ended. Sellers might become active if the price drops below $137.
đĄ Useful Tip:
Consider using a trailing stop once your first target ($135.0) is reached to potentially gain more profit. A clear break below $135 confirms that the price is likely to keep going down.
â ïž Rejection confirmed â consider shorting on any bounce and aim to profit from the downward move! đ
$BNSOL trade here
