$SOL /USDT Analysis: Trade Setup 💯🔥

The $SOL /USDT pair has dropped significantly, now trading at $200.91 (-7.61%). The bearish momentum is strong, but it also presents opportunities for both long and short trades. Here's the setup:

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🚀 Long Setup

Entry: Above $207 (only if price reclaims this support level)

Target 1: $214

Target 2: $218

Stop Loss: $202

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🔻 Short Setup

Entry: Around $200-$201 (upon confirmed breakdown)

Target 1: $198.50

Target 2: $194

Stop Loss: $207

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📌 Key Tips:

1. Watch for volume confirmation before entering trades.

2. Maintain a strict risk-to-reward ratio of at least 1:2.

3. Avoid chasing trades—wait for the market to show clear signs.

4. Manage positions with discipline to minimize risk.

Stay sharp and let the market decide your next move!

DATA

165,75

+4.95%

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