SOL is wrestling with a fresh bearish swing as the market digests the latest macro data and a looming funding rate reset.
🔴 $SOL SHORT 📉
Entry → $119.7102-$119.9498
Stop → $123.4249 (-3.0%)
TP1 → $118.0326 (+1.5%)
TP2 → $113.8385 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear break of market structure (CHoCH) sent price into a liquidity sweep, while the CVD turned negative confirming sellers, and the confluence of an order block overlapping a fair‑value gap painted a textbook short entry.
A 3.0% stop is relatively tight given SOL’s typical volatility, so keep leverage modest, around 3‑5×.
Take the first profit target once price hits the initial resistance zone near the next order block.
Not financial advice — trade only what you can afford to lose 🙏
$SOL #SOLUSDT #nfpwatch #TradingSignals #Write2Earn
🔴 $SOL SHORT 📉
Entry → $119.7102-$119.9498
Stop → $123.4249 (-3.0%)
TP1 → $118.0326 (+1.5%)
TP2 → $113.8385 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear break of market structure (CHoCH) sent price into a liquidity sweep, while the CVD turned negative confirming sellers, and the confluence of an order block overlapping a fair‑value gap painted a textbook short entry.
A 3.0% stop is relatively tight given SOL’s typical volatility, so keep leverage modest, around 3‑5×.
Take the first profit target once price hits the initial resistance zone near the next order block.
Not financial advice — trade only what you can afford to lose 🙏
$SOL #SOLUSDT #nfpwatch #TradingSignals #Write2Earn