🔥 SOLANA ( $SOL ) — BEARS ARE IN CONTROL!
SOL/USDT is trading at 102.53 USDT, down 4.32% on the day. The 1H chart shows a bearish trend, with price trading below MA(25) at 103.91 and MA(99) at 107.60.
📉 Trade Idea: SHORT
🔹 Entry Zone: 102.80 – 103.50
🎯 TP1: 101.80
🎯 TP2: 100.60
🎯 TP3: 99.50
🛑 Stop Loss: 104.20
📊 Technical Analysis:
• Bearish trend remains dominant on the 1H timeframe.
• Resistance is near 103.50–103.90.
• Support sits around 100.62.
• A breakdown below 100.62 could trigger further downside.
• A recovery above 103.90 may weaken the bearish setup.
⚠️ Risk Management: Wait for confirmation before entering. Avoid excessive leverage and manage risk carefully.
Will SOL break below $100, or bounce back toward $105? 👇
#SOL #Solana #CryptoTrading #FuturesTrading #TechnicalAnalysis
SOL/USDT is trading at 102.53 USDT, down 4.32% on the day. The 1H chart shows a bearish trend, with price trading below MA(25) at 103.91 and MA(99) at 107.60.
📉 Trade Idea: SHORT
🔹 Entry Zone: 102.80 – 103.50
🎯 TP1: 101.80
🎯 TP2: 100.60
🎯 TP3: 99.50
🛑 Stop Loss: 104.20
📊 Technical Analysis:
• Bearish trend remains dominant on the 1H timeframe.
• Resistance is near 103.50–103.90.
• Support sits around 100.62.
• A breakdown below 100.62 could trigger further downside.
• A recovery above 103.90 may weaken the bearish setup.
⚠️ Risk Management: Wait for confirmation before entering. Avoid excessive leverage and manage risk carefully.
Will SOL break below $100, or bounce back toward $105? 👇
#SOL #Solana #CryptoTrading #FuturesTrading #TechnicalAnalysis