⚡ $SOL
SETUP — BOUNCE OR BREAKDOWN?
🔴 Bias: Bearish / Short on rejection
🎯 Entry Zone: $118.50 – $121.00
🛑 Stop Loss: $125.60
💰 Targets:
TP1: $116.00
TP2: $113.70
TP3: $110.50
TP4: $105.00
📊 Why?
SOL is pulling back after failing to hold higher levels, while the broader crypto market is facing renewed risk-off pressure. The $125 area is a key resistance zone, while ~$113.6 is an important support level.
If SOL rejects the $118.5–$121 area, downside toward $116 and $113.7 becomes interesting.
⚠️ If SOL reclaims $125.60, the bearish setup is invalid.
Trade with proper risk management. Crypto is highly volatile — targets are not guaranteed and this is not financial advice.
#SOL #Solana #Crypto #Binance #BinanceSquare #Trading #Altcoins #CryptoTrading
SETUP — BOUNCE OR BREAKDOWN?
🔴 Bias: Bearish / Short on rejection
🎯 Entry Zone: $118.50 – $121.00
🛑 Stop Loss: $125.60
💰 Targets:
TP1: $116.00
TP2: $113.70
TP3: $110.50
TP4: $105.00
📊 Why?
SOL is pulling back after failing to hold higher levels, while the broader crypto market is facing renewed risk-off pressure. The $125 area is a key resistance zone, while ~$113.6 is an important support level.
If SOL rejects the $118.5–$121 area, downside toward $116 and $113.7 becomes interesting.
⚠️ If SOL reclaims $125.60, the bearish setup is invalid.
Trade with proper risk management. Crypto is highly volatile — targets are not guaranteed and this is not financial advice.
#SOL #Solana #Crypto #Binance #BinanceSquare #Trading #Altcoins #CryptoTrading