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$SOLUSDT — Bearish Retest Strategy | Futures Analysis
Solana is showing a weak market structure after falling 2.29% to approximately $98.01. The $99.50–$100.50 region is a potential resistance zone where sellers may attempt to regain control.
A rejection from this area could create a short opportunity, provided buyers fail to reclaim $100.50.
EP: $99.50–$100.50
TP1: $98.50
TP2: $97.50
TP3: $96.50
SL: $101.20
The $98 area is nearby liquidity, while the $96.50 region offers a more extended downside target. A strong breakout above $101.20 would invalidate this setup. Wait for a confirmed rejection before entering.
#SOL #Solana #FuturesTrading $SOL
$SOLUSDT — Bearish Retest Strategy | Futures Analysis
Solana is showing a weak market structure after falling 2.29% to approximately $98.01. The $99.50–$100.50 region is a potential resistance zone where sellers may attempt to regain control.
A rejection from this area could create a short opportunity, provided buyers fail to reclaim $100.50.
EP: $99.50–$100.50
TP1: $98.50
TP2: $97.50
TP3: $96.50
SL: $101.20
The $98 area is nearby liquidity, while the $96.50 region offers a more extended downside target. A strong breakout above $101.20 would invalidate this setup. Wait for a confirmed rejection before entering.
#SOL #Solana #FuturesTrading $SOL