$SOL /USDT short tread single š“š¦
BEARISH BREAKDOWN IN PROGRESS ā WATCH FOR A RETEST DUMP!
Solana is trading at $152.45, down -2.81%, after failing to hold above the $154.76ā$154.92 resistance zone. Price sharply rejected and formed lower highs with consistent sell pressure. A brief support was seen near $151.75, but the recovery candles are weak, suggesting continuation of the downtrend.
š» Trade Setup (Short):
Entry Price: $152.90 ā $154.00
Target 1: $150.20
Target 2: $147.50
Stop Loss: $155.20
ā Why Short?
The recent bounce was weak and failed to reclaim key resistance levels. Bearish engulfing patterns and lower highs dominate the 15m chart. If price retests $153ā$154 and fails again, the next leg down could test psychological and historical support near $150.
š Risk Management Tip:
Only risk 2ā3% of your capital with a tight stop above $155.20. Avoid chasing price once it breaks support ā enter during pullbacks.
Donāt let this breakdown unfold without you ā short with strategy, profit with confidence!
Sell smart ā donāt chase green candles when the trend is turning red!
buy and trade here on $SOL