Based on my technical analysis and close monitoring of the chart, I’m considering a short position on $SOL with $80k from the current level. Price has been consistently trending lower, showing clear signs of sustained weakness and strong bearish momentum.
If the current selling pressure continues, especially with BTC facing increased downside pressure - SOL could realistically move toward the $50 region as early as next week. From my observations, this level isn’t just speculative; it’s technically valid and aligns with key support zones on the chart. My entry point is already clearly defined on the chart 📈, and I’m confident in the setup based on structure, momentum, and overall market sentiment.
That said, trading is a continuous learning process. If you have a stronger or alternative analysis on SOL, feel free to share it in the comments, I’m always open to learning and refining my perspective.
For now, I’m fully committed to this SOL short with $80k. Let’s see how the market unfolds. 🚀📉
$SOL #togodcrypt #USIranStandoff
