SOL is stuck in a descending channel after yesterday’s rally, and the price is flirting with the 22.5‑level resistance. Volume is thinning, hinting the next move could be down.
━━━━━━━━━━━━━━━━━━━━━
🔴 $SOL SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $92.8371 – $93.0229
🛑 Stop Loss: $95.7179 (-3.0%)
🎯 TP1: $91.5361 (+1.5%)
🏆 TP2: $88.2835 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower (CHoCH) and the CVD turned negative, confirming seller pressure. A fair‑value gap lines up right under the current price and the bullish order block turned into a bearish OB, creating a POI where the OB and FVG overlap. All signs point to a short swing with the next swing low as the target.
A 3.0% stop is relatively tight on this volatility, so a 5‑10× leverage range keeps risk in line.
Take half profit at the first target around 22.0 to lock in the move.
Not financial advice — trade only what you can afford to lose 🙏
$SOL #SOLUSDT #THORChain #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $SOL SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $92.8371 – $93.0229
🛑 Stop Loss: $95.7179 (-3.0%)
🎯 TP1: $91.5361 (+1.5%)
🏆 TP2: $88.2835 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower (CHoCH) and the CVD turned negative, confirming seller pressure. A fair‑value gap lines up right under the current price and the bullish order block turned into a bearish OB, creating a POI where the OB and FVG overlap. All signs point to a short swing with the next swing low as the target.
A 3.0% stop is relatively tight on this volatility, so a 5‑10× leverage range keeps risk in line.
Take half profit at the first target around 22.0 to lock in the move.
Not financial advice — trade only what you can afford to lose 🙏
$SOL #SOLUSDT #THORChain #TradingSignals #Write2Earn