$SOL Short: Called It, Now Collecting 😎
A few days ago I flagged the $SOL rejection at the 108 resistance zone. Short entry around 105.75, stop at 107.48, target near 101.36.
Since then:
Price got smacked down at resistance like it owed money 💸
Lower highs, red EMAs stacked on top, sellers in charge
Now sitting around 102.29, almost at target
The market didn't read my plan, it just happened to agree with it. I'll take it.
Risk was small, reward was big, and my stop-loss never got an invitation to the party. That's the whole game: risk-to-reward over ego.
Next: 100.95 is the level to watch. A bounce there is possible, so I'm not marrying this trade. Take profits, stay humble.
Did you catch this move or fade it? Tell me below 👇
#SOL #Solana #Binance #TradingView #CryptoTrading #TechnicalAnalysis
Not financial advice. Always manage your risk.
A few days ago I flagged the $SOL rejection at the 108 resistance zone. Short entry around 105.75, stop at 107.48, target near 101.36.
Since then:
Price got smacked down at resistance like it owed money 💸
Lower highs, red EMAs stacked on top, sellers in charge
Now sitting around 102.29, almost at target
The market didn't read my plan, it just happened to agree with it. I'll take it.
Risk was small, reward was big, and my stop-loss never got an invitation to the party. That's the whole game: risk-to-reward over ego.
Next: 100.95 is the level to watch. A bounce there is possible, so I'm not marrying this trade. Take profits, stay humble.
Did you catch this move or fade it? Tell me below 👇
#SOL #Solana #Binance #TradingView #CryptoTrading #TechnicalAnalysis
Not financial advice. Always manage your risk.