$SOL/USDT — 🔴 SHORT · Conf 75%
📍 Entry: 116.3200 – 117.0200
🛑 SL: 118.1700
🎯 TP1: 110.8365
✅ TP2: 106.1697
🏆 TP3: 99.1695
While the higher-timeframe 4H structure turned macro bullish after reclaiming higher highs off the 95.82 low, shorting here targets a mean-reversion counter-trend pull back off key 120.00 overhead resistance.
About $SOL: High-throughput Layer-1 smart contract platform using Proof-of-History consensus — power-house ecosystem driving DeFi and DEX volume — risks include recurring network degradation and token unlock supply overhangs.
Can short sellers capitalize on local rejection at the $120 psychological resistance to force a pullback toward $110, or will strong spot momentum steamroll short positions?
$SOL
📍 Entry: 116.3200 – 117.0200
🛑 SL: 118.1700
🎯 TP1: 110.8365
✅ TP2: 106.1697
🏆 TP3: 99.1695
While the higher-timeframe 4H structure turned macro bullish after reclaiming higher highs off the 95.82 low, shorting here targets a mean-reversion counter-trend pull back off key 120.00 overhead resistance.
About $SOL: High-throughput Layer-1 smart contract platform using Proof-of-History consensus — power-house ecosystem driving DeFi and DEX volume — risks include recurring network degradation and token unlock supply overhangs.
Can short sellers capitalize on local rejection at the $120 psychological resistance to force a pullback toward $110, or will strong spot momentum steamroll short positions?
$SOL
