SOL is holding just under the 210.0 mark, a hair below the recent swing high. The 2โhour chart just broke a lower high, hinting at a shortโterm down move.
๐ด
$SOL SHORT ๐ โ Trade Plan
โข Entry: $118.2217 โ $118.4583
โข Stop: $121.8902 (-3.0%)
โข Target 1: $116.5649 (+1.5%)
โข Target 2: $112.4230 (+5.0%)
โข R/R 1:1.7 | Confidence 64%
A change of character on the 2โhour frame gave the first cue, while a volumeโdriven CVD spike confirmed bearish pressure. The fair value gap aligns with a prior order block, creating a POI where the two overlap, and a liquidity sweep took out the last long stop. Together they set a 1:1.7 riskโreward target at 202.5.
A 3.0% stop is relatively tight, so 5โ10ร leverage keeps margin comfortable.
Take half profit around the first target at 204.0 to lock in the initial move.
As always: manage your risk, this is not financial advice ๐
$SOL #SOLUSDT #EarningsSeason #TradingSignals #Write2Earn