๐ฅ SOL/USDT ALERT: Bearish Rejection or Quick Bounce? ๐ฅ
Solana ($SOL) recently pumped to $122.29 before taking a sharp rejection down to the $119.00 zone. With buyers looking exhausted on the 1-hour chart, here is the high-probability trade setup we are tracking:
๐ Trade Setup: SHORT
๐ฏ Entry Zone: $120.50 โ $120.90
๐ก๏ธ Stop Loss: $121.75
๐ฐ Take Profit 1: $119.00
๐ Take Profit 2: $118.00
โก Key Levels to Watch:
โก๏ธ. Resistance: $120.90 & $122.29
โก๏ธ. Support: $119.00 & $118.82
A fail to reclaim $120.50 signals further downside toward key liquidity below $118.82. Always manage your risk!
Whatโs your take, are you longing the support or shorting the pullback? Drop your thoughts below! ๐
#SOL #Solana #Bitcoin #TechnicalAnalysis
#Altcoins
Solana ($SOL) recently pumped to $122.29 before taking a sharp rejection down to the $119.00 zone. With buyers looking exhausted on the 1-hour chart, here is the high-probability trade setup we are tracking:
๐ Trade Setup: SHORT
๐ฏ Entry Zone: $120.50 โ $120.90
๐ก๏ธ Stop Loss: $121.75
๐ฐ Take Profit 1: $119.00
๐ Take Profit 2: $118.00
โก Key Levels to Watch:
โก๏ธ. Resistance: $120.90 & $122.29
โก๏ธ. Support: $119.00 & $118.82
A fail to reclaim $120.50 signals further downside toward key liquidity below $118.82. Always manage your risk!
Whatโs your take, are you longing the support or shorting the pullback? Drop your thoughts below! ๐
#SOL #Solana #Bitcoin #TechnicalAnalysis
#Altcoins
