$SOL

⚠️Future Trading 🔮

Current Trend: Bearish

Key Levels:

Support: 129.663

Resistance: 129.756

Trading Signal: Sell

Entry Strategy:

Consider selling near the current price (129.663) with a stop-loss at 129.756.

Key Insights:

Bollinger Bands: The price is currently below the middle band (MB), indicating a bearish trend.

Momentum: The 15m and 1h candlesticks show bearish momentum.

Observations:

The negative funding rate suggests a short bias in the market.

Decreased volume could signal waning interest in SOL.

Risk Management:

Stop-Loss: Set a stop-loss at 129.756.

Take-Profit: Consider taking profits at 129.500.

Conclusion:

SOLUSDT is currently in a bearish trend, with potential for further downside. However, market conditions can change rapidly, so it's essential to monitor the price closely and manage risk effectively.

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