$SOL is testing a major resistance zone at $228.95 ā $229.32 and showing weakness. Multiple rejections here suggest bearish pressure is building.
š Key Levels:
Resistance: $228.95 ā $229.32
Entry Zone: $227.50 ā $228.80
Targets: $224.50 | $222.95 | $221.35
Stop Loss: $230.50
š Trade Idea:
As long as SOL stays below $229, a short-term pullback is likely. Smart traders may find an attractive short setup with a defined risk-to-reward ratio.
š Manage risk. Consider partial profits at TP1.
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#Solana #CryptoTrading #DeFi #solana
SOL
86.51
+0.73%
