$SOL 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐒𝐢𝐠𝐧𝐚𝐥 𝐀𝐥𝐞𝐫𝐭 🚨🚨
Time Frame: 15 minutes
Resistance: 163.80
Support: 150.93
Entry for Trade: 158.00
Take Profit (TP) Levels:
- TP1: 155.00
- TP2: 153.00
- TP3: 151.00
Stop Loss (SL): 161.00
Analysis:
The price has recently broken below the support level of 159.72 and is trading at 158.00. This indicates a potential continuation of the downtrend. The next significant support is at 150.93, providing room for a short trade. Place the stop loss above the recent resistance level to protect against a potential reversal.