$SOL SHORT SETUP โ BEARISH PRESSURE CONTINUES
Entry Zone 96.00 โ 96.50
Take Profit Targets
๐ฏ TP1: 94.80
๐ฏ TP2: 93.60
๐ฏ TP3: 92.40
๐ฏ Final Target: 91.50
Stop Loss 98.10
Technical Reason
Price action shows a clear downtrend with lower highs and lower lows on the chart.
Moving averages (MA7, MA25, MA99) are in bearish alignment, with fast moving averages pressing down on price.
Recent rejection near local resistance levels confirms sellers are maintaining control after breaking down from consolidation.
Momentum favors continued downside continuation toward the recent swing low support.
Invalidation A strong 15-minute candle close and sustained volume above 98.50 would invalidate this setup.
Risk Warning Futures trading carries high risk. Always manage your position size, wait for confirmation, and avoid emotional trading. NFA, DYOR.
$SOL
Entry Zone 96.00 โ 96.50
Take Profit Targets
๐ฏ TP1: 94.80
๐ฏ TP2: 93.60
๐ฏ TP3: 92.40
๐ฏ Final Target: 91.50
Stop Loss 98.10
Technical Reason
Price action shows a clear downtrend with lower highs and lower lows on the chart.
Moving averages (MA7, MA25, MA99) are in bearish alignment, with fast moving averages pressing down on price.
Recent rejection near local resistance levels confirms sellers are maintaining control after breaking down from consolidation.
Momentum favors continued downside continuation toward the recent swing low support.
Invalidation A strong 15-minute candle close and sustained volume above 98.50 would invalidate this setup.
Risk Warning Futures trading carries high risk. Always manage your position size, wait for confirmation, and avoid emotional trading. NFA, DYOR.
$SOL
