$SOL The countertrend short was successful in the previous

Post

--Bearish

$SOL The countertrend short was successful in the previous post

Solana remains bearish as long as the price continues to trade below the 97 resistance level

$SOL Short setup
· Short entry: 94–95 (rejection block)
· Stop loss: Above 97
· Take profit 1: 90
· Take profit 2: 88

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Bearish

$SOL Countertrend Shorting Strategy

During this rebound, open interest (OI) has not grown significantly, suggesting that bulls lack the confidence to reverse the trend. This makes the current resistance zone (93–94) an excellent area to sell short against the short-term rebound.

$SOL Short (Countertrend)

· Short entry: 93.5–95 (current major supply zone)
· Stop loss (SL): Above 97
· Take profit (TP): 90 and 85

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