$SOL /USDT Trading Signal – Short Opportunity 🎯
Current Price: $191.42 (-2.94%)
Signal: Short Position
Entry Range: $191.50 - $192.00
Take Profit Levels:
🎯 TP1: $190.00
🎯 TP2: $188.50
🎯 TP3: $186.00
Stop Loss: $193.00
Technical Observations:
Downtrend Momentum: $SOL is trading below key moving averages (7 EMA, 25 EMA, and 99 EMA), confirming bearish sentiment.
Resistance Zone: Strong resistance near $192.50, providing a favorable risk-to-reward for short entries.
Support Levels: Initial support at $190.00, followed by a critical zone near $186.00.
Actionable Advice:
Consider entering within the specified range, targeting incremental profit levels. Maintain stop-loss discipline to manage risks effectively.