🚨 $SOL /USDT SHORT SIGNAL: CRITICAL SUPPORT BREAKDOWN! 🚨
Solana ($SOL ) is exhibiting strong bearish momentum on the 1H chart, trading at $113.38 (-3.10%) and hovering right near its 24-hour low of $112.52. Price action continues to hold below all key moving averages with consistent downward pressure.
📊 Technical Overview (1H Timeframe)
* Supertrend (7,2): Bearish, providing dynamic resistance at $115.58.
* Moving Averages: EMA(9) at $113.97 and EMA(20) at $114.63 are pressing price lower.
* 24h High/Low: $117.19 / $112.52.
📉 Trade Setup: SHORT
* Entry Zone: $114.00 – $115.20 (Look for rejection near EMA / Supertrend resistance on lower timeframes)
* Target 1: $112.50 (24h Low retest)
* Target 2: $110.80
* Target 3: $108.50
* Stop Loss: $116.20 (Above Supertrend resistance level)
* Leverage: 3x – 5x Recommended
⚠️ Risk Disclaimer: High volatility expected near key support. Always execute proper risk management and never risk more than 1–2% of your capital per trade. NFA!
#SOL #CryptoSignals #BinanceSquare #TradingSignals
#Solana $SOL
Solana ($SOL ) is exhibiting strong bearish momentum on the 1H chart, trading at $113.38 (-3.10%) and hovering right near its 24-hour low of $112.52. Price action continues to hold below all key moving averages with consistent downward pressure.
📊 Technical Overview (1H Timeframe)
* Supertrend (7,2): Bearish, providing dynamic resistance at $115.58.
* Moving Averages: EMA(9) at $113.97 and EMA(20) at $114.63 are pressing price lower.
* 24h High/Low: $117.19 / $112.52.
📉 Trade Setup: SHORT
* Entry Zone: $114.00 – $115.20 (Look for rejection near EMA / Supertrend resistance on lower timeframes)
* Target 1: $112.50 (24h Low retest)
* Target 2: $110.80
* Target 3: $108.50
* Stop Loss: $116.20 (Above Supertrend resistance level)
* Leverage: 3x – 5x Recommended
⚠️ Risk Disclaimer: High volatility expected near key support. Always execute proper risk management and never risk more than 1–2% of your capital per trade. NFA!
#SOL #CryptoSignals #BinanceSquare #TradingSignals
#Solana $SOL
