$SOL Drops to $89.87 – Quick Short Trade Setup
SOL/USDT is trading at 89.87 on Binance, down 3.96% in the last 24 hours. High: 94.08 | Low: 88.55
Volume: 3.48M SOL and 314M USDT.
Price has pulled back sharply from higher levels and is now below key moving averages (7MA: 133.40, 25MA: 158.66), confirming bearish pressure.
Short setup looks clean:
Entry: Around 89–91 (current or rejection zone)
Targets: 80–85 or lower on continuation
Stop-loss: Above 94 (recent high) for tight risk control
Bearish momentum remains strong with solid volume support. Good risk-reward for shorts if 88.55 breaks.
SOL
83.35
+0.36%