🔴 $SOL – PRIORITIZING THE SHORT SCENARIO!
SOL is facing considerable selling pressure, with both the 4H and 1H charts showing negative signals. Notably, the price is below the EMA50, and the EMA50 remains below the EMA200, indicating that the main trend still favors the bears.
📉 SOL/USDT SHORT plan:
⟶ Entry: 90.02 – 90.11
• TP1: 89.00
• TP2: 88.29
• TP3: 87.22
⛔ SL: 91.49
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1, move the SL to the entry point to protect your capital.
⚠️ The signal has only medium reliability, so consider using a smaller position size and managing risk carefully.
Will SOL continue sliding toward the $87 zone, or will the bulls suddenly turn things around?