$SOL is trading at $103.49, and sellers could open the door to another downside move if bearish pressure builds on the 1H timeframe.
🔴SHORT Setup — SOL/USDT | 1H
Reference Price: $103.49
Entry: $103.40–$103.90
TP1: $102.60
TP2: $101.50
TP3: $100.20
SL: $105.00
My Take: The bearish scenario depends on SOL failing to regain momentum and sellers continuing to push price lower. Watch for a clear 1H bearish close with follow-through before considering an entry. If buyers step back in and drive price above the planned stop-loss, the short thesis is invalidated. The live chart has not been verified, so these are provisional planning levels rather than confirmed technical support or resistance. Avoid chasing a fast drop; confirmation can help reduce the risk of entering just before a rebound.
This is a potential setup, not a claim of an executed trade. Manage risk carefully and protect your capital.
Do you expect SOL to test lower levels, or could buyers turn the move around? Follow me for more original crypto analysis.
$SOL
🔴SHORT Setup — SOL/USDT | 1H
Reference Price: $103.49
Entry: $103.40–$103.90
TP1: $102.60
TP2: $101.50
TP3: $100.20
SL: $105.00
My Take: The bearish scenario depends on SOL failing to regain momentum and sellers continuing to push price lower. Watch for a clear 1H bearish close with follow-through before considering an entry. If buyers step back in and drive price above the planned stop-loss, the short thesis is invalidated. The live chart has not been verified, so these are provisional planning levels rather than confirmed technical support or resistance. Avoid chasing a fast drop; confirmation can help reduce the risk of entering just before a rebound.
This is a potential setup, not a claim of an executed trade. Manage risk carefully and protect your capital.
Do you expect SOL to test lower levels, or could buyers turn the move around? Follow me for more original crypto analysis.
$SOL