#BinanceAlphaAlert #BinanceHODLerHAEDAL #BTC110KToday? $SOL ๐ SOLANA (SOL) - Intraday SHORT Trade Plan
๐ฉ Trade Direction: Short (Sell)
๐ Entry Price:
$168.80 - $169.20
(Ideal entry near minor resistance just under recent lower high zone)
๐ฏ Target (Take Profit):
$166.40 - $166.80
(Test of local support zone visible from previous bounce area)
๐ Stop Loss:
$170.20
(Above previous spike wick โ invalidates the short setup)
SOLUSDT
Perp
169.23
+2.27%
๐ Technical Reasoning:
Recent failed attempt of $SOL to break $171.60, creating a lower high.
Price rejected after a volume spike, forming a descending pattern.
Minor support seen at $166.50 โ good short target.
Volume shows decreasing buy strength, confirming weakening momentum.
๐ Confidence Level:
High (8.5/10)
Due to:
Strong resistance overhead
Weak bounce after sell-off
Favorable R:R (Risk:Reward) > 1.5
โ ๏ธ Risk Management Tip:
Risk no more than 1โ2% of your capital. Set alerts at entry zone and monitor volume confirmation.
๐ฉ Trade Direction: Short (Sell)
๐ Entry Price:
$168.80 - $169.20
(Ideal entry near minor resistance just under recent lower high zone)
๐ฏ Target (Take Profit):
$166.40 - $166.80
(Test of local support zone visible from previous bounce area)
๐ Stop Loss:
$170.20
(Above previous spike wick โ invalidates the short setup)
SOLUSDT
Perp
169.23
+2.27%
๐ Technical Reasoning:
Recent failed attempt of $SOL to break $171.60, creating a lower high.
Price rejected after a volume spike, forming a descending pattern.
Minor support seen at $166.50 โ good short target.
Volume shows decreasing buy strength, confirming weakening momentum.
๐ Confidence Level:
High (8.5/10)
Due to:
Strong resistance overhead
Weak bounce after sell-off
Favorable R:R (Risk:Reward) > 1.5
โ ๏ธ Risk Management Tip:
Risk no more than 1โ2% of your capital. Set alerts at entry zone and monitor volume confirmation.