$SOL Shorting

Supertrend is still holding below the price of 118.31, but this candlestick has already dropped close to the trendline. Supertrend is about to flip bearish—shorting now is taking the move just before the reversal.

EMA20: the price at 118.31 is below (119.56). This is the lifeline of the short-term trend. If the bounce can’t break through, it means the bears haven’t conceded—this is a classic pullback confirmation pattern.

Active buy/sell: buy volume is now 1.56 times the sell volume. It looks like buying pressure is stronger. But once the bid liquidity gets consumed, it disappears. The first wave of selling hits, and the drop happens right then.

Entry: 117.84-119.98
Take Profit 1: 117.05
Take Profit 2: 112.96
Stop Loss: 120.69

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