🔥 $SOL /USDT Short Trade Setup - High Precision Alert 🔥
1️⃣ Entry Point: Short around $181.00, targeting a trendline rejection within the descending channel.
2️⃣ Stop Loss (SL): $184.50, just above recent resistance to minimize risk.
3️⃣ Take Profit (TP1): $177.00 for quick gains as price approaches mid-channel.
4️⃣ Take Profit (TP2): $174.50, aiming for the lower boundary of the channel.
5️⃣ Risk/Reward Ratio: Aiming for 1:2 to optimize profits with controlled risk.
📊 Market Insights:
• Trend: Clear bearish momentum within the descending channel.
• Indicators: Use RSI and MACD to confirm overbought conditions for an ideal entry.
• Execution: Watch the 15m or 1h charts for sharp price action and tighter control.
Pro Tip: Move your stop loss to breakeven after hitting TP1 to secure risk-free profits.
🔒 Stay disciplined, protect your capital, and let the trade work for you!