IS SOLANA READY TO DROP BELOW $115? SHORT SETUP IN PLAY! $SOL
Direction: SHORT
Entry Zone: 119.50 - 121.00
Take-Profit Targets:
Target 1: 116.80
Target 2: 114.50
Target 3: 112.00
Stop Loss: 123.50
Leverage: 3x - 5x (Isolated)
Key Analysis:
$SOL is showing clear rejection at higher resistance levels, with the 1-hour Supertrend shifting bearish at 121.20. Although the daily macro trend remains strong, short-term lower highs indicate selling pressure that could push the price below 115.00 before finding stronger support.
Suggestions:
Consider setting your Take Profit 1 at 116.80 to lock in partial profits before testing key support levels.
Keep your position size controlled to handle short-term volatility during potential relief bounces.
Direction: SHORT
Entry Zone: 119.50 - 121.00
Take-Profit Targets:
Target 1: 116.80
Target 2: 114.50
Target 3: 112.00
Stop Loss: 123.50
Leverage: 3x - 5x (Isolated)
Key Analysis:
$SOL is showing clear rejection at higher resistance levels, with the 1-hour Supertrend shifting bearish at 121.20. Although the daily macro trend remains strong, short-term lower highs indicate selling pressure that could push the price below 115.00 before finding stronger support.
Suggestions:
Consider setting your Take Profit 1 at 116.80 to lock in partial profits before testing key support levels.
Keep your position size controlled to handle short-term volatility during potential relief bounces.
