⚠️ EVENING SIGNAL: $SOL shows buyer exhaustion! Short setup 📉
Token $SOL encountered strong resistance and formed a local “Double Top” pattern on the 1-hour chart. Evening buying volume is starting to decline, and the RSI indicator has moved out of overbought territory. A local liquidity sweep of long positions below the support level is expected.
📊 Trade Setup (Short):
• Direction: SELL (Short)
• Entry Zone: $149.50 – $151.20
• Targets (Take-Profit):
• 🎯 TP1: $145.80 (nearest liquidity)
• 🎯 TP2: $142.10 (strong mirror level)
• 🎯 TP3: $138.00 (main correction target)
• Stop-Loss: $154.20 (4H candle close above the local high)
⚠️ Risks: Use leverage of up to 3x–5x. Risk per trade: up to 1% of your account.
👇 Click the $SOL widget below to open the Binance futures chart!
Are you shorting Solana this evening or waiting on spot? Let us know in the comments! 👇
Not financial advice.
Token $SOL encountered strong resistance and formed a local “Double Top” pattern on the 1-hour chart. Evening buying volume is starting to decline, and the RSI indicator has moved out of overbought territory. A local liquidity sweep of long positions below the support level is expected.
📊 Trade Setup (Short):
• Direction: SELL (Short)
• Entry Zone: $149.50 – $151.20
• Targets (Take-Profit):
• 🎯 TP1: $145.80 (nearest liquidity)
• 🎯 TP2: $142.10 (strong mirror level)
• 🎯 TP3: $138.00 (main correction target)
• Stop-Loss: $154.20 (4H candle close above the local high)
⚠️ Risks: Use leverage of up to 3x–5x. Risk per trade: up to 1% of your account.
👇 Click the $SOL widget below to open the Binance futures chart!
Are you shorting Solana this evening or waiting on spot? Let us know in the comments! 👇
Not financial advice.