📉 $SOL — Strong Bearish Short Setup | Sellers Target Lower Support! 🔻
SHORT 🔴
📍 Entry Zone: $96.80 – $98.00 (on confirmed rejection)
🛑 Stop Loss (SL): $99.50
🎯 Take Profit Targets:
- TP1: $95.00
- TP2: $92.25
- TP3: $90.00
- Final TP: $88.00
📉 Market Analysis:
SOL is showing bearish momentum after breaking down from the key $100 zone. The $96.80–$98.00 area is now an important region to watch for a potential retest and rejection.
If buyers fail to reclaim this range and sellers continue defending it, downside pressure could build toward $95.00 and $92.25, with further declines potentially extending toward $90.00 and $88.00.
🔑 Key Levels:
- Breakdown area: $100
- Short-entry zone: $96.80–$98.00
- First downside target: $95.00
- Major support target: $92.25
- Further targets: $90.00 and $88.00
- Bearish invalidation: $99.50
⚠️ Risk Note: Wait for a clear rejection within the entry zone before considering the trade. A sustained move above $99.50 invalidates the setup. Use controlled position sizing and manage risk carefully.
Bearish bias while the $96.80–$98.00 zone acts as resistance. 📉
Sell and Trade $SOL here 👇
DYOR.
SHORT 🔴
📍 Entry Zone: $96.80 – $98.00 (on confirmed rejection)
🛑 Stop Loss (SL): $99.50
🎯 Take Profit Targets:
- TP1: $95.00
- TP2: $92.25
- TP3: $90.00
- Final TP: $88.00
📉 Market Analysis:
SOL is showing bearish momentum after breaking down from the key $100 zone. The $96.80–$98.00 area is now an important region to watch for a potential retest and rejection.
If buyers fail to reclaim this range and sellers continue defending it, downside pressure could build toward $95.00 and $92.25, with further declines potentially extending toward $90.00 and $88.00.
🔑 Key Levels:
- Breakdown area: $100
- Short-entry zone: $96.80–$98.00
- First downside target: $95.00
- Major support target: $92.25
- Further targets: $90.00 and $88.00
- Bearish invalidation: $99.50
⚠️ Risk Note: Wait for a clear rejection within the entry zone before considering the trade. A sustained move above $99.50 invalidates the setup. Use controlled position sizing and manage risk carefully.
Bearish bias while the $96.80–$98.00 zone acts as resistance. 📉
Sell and Trade $SOL here 👇
DYOR.
