🔔 Trade Setup: $SOL (Perp)
📉 Direction: SHORT (Bearish Trend)
🎯 Entry Zone: 123.40 - 123.75 (Sell on small bounce)
✅ Take Profit (TP):
122.60 (Test 24h Low)
121.50 (Breakdown Target)
🛑 Stop Loss (SL): 124.20 (Above recent breakdown level)
SOLUSDT
Perp
117.57
-5.97%
💡 Why? Solana is trending down on the 15m chart with clear lower highs. It just broke below local support at 123.70.
Note: RSI is oversold (23), so don't FOMO short at the very bottom. Wait for a small green candle or retest of 123.40+ to get a safer entry before the next drop.
⚠️ Disclaimer: This is technical analysis, not financial advice. DYOR.