$SOL /USDT Short Trade Signal 🔥💯

Current Price: $228.21

Key Resistance: $232 - $235 (Strong supply zone)

Entry Zone: $230 - $232 (Look for rejection or bearish confirmation)

Target 1: $220 (First support level)

Target 2: $212 (Stronger support)

Stop Loss: $237 (Above resistance)

Trade Setup & Strategy

✅ Wait for bearish rejection at $230 - $232 before entering.

✅ A rejection at resistance could drive the price toward $220 and $212.

✅ Use 4H & 1H charts to confirm with volume analysis.

✅ Exit the trade if the price breaks above $237 to manage risk.

Risk Management

🔹 Maintain a 2:1 risk-to-reward ratio.

🔹 Adjust the stop loss if the price consolidates near resistance.

Momentum Indicators & Market Insights

📉 RSI near overbought could indicate a potential pullback.

📉 Declining volume at resistance strengthens the bearish outlook.

Pro Tip

🚨 Monitor BTC’s movement, as sudden volatility could impact SOL’s price action.

Stay disciplined and trade smart! 📊🔥

#MicroStrategyAcquiresBTC #Write2Earn $SOL

WIF
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