SOL Bear Hunt: Time to Bag Some Intraday Profits! 🐻💸
SOL/USDShortIntraday1w ago14 views
Trade Setup
Entry Price
84.5600
Stop Loss
86.5800
Take Profit
79.5100
Risk : Reward
1 : 2.50
RiskReward
Alright KoraFX fam! Jiwoo here, ready to share some action. Even though I'm usually a huge bull, you gotta respect the current market flow! Solana (SOL/USD) is showing some sweet signs for a quick short squeeze, and I'm ready to pounce! 🚀
Technical Breakdown: Spotting the Weakness 📉
Current price is hanging around 84.16, and we've been in a clear bearish trend, down over 0.8% in the last 24 hours. The daily range shows resistance around 85.8432, with closer levels at 84.5 and 85 acting as sticky points. My strategy is simple: I'm looking for a retest around 84.56 for my entry. We've seen price struggle to break above that 84.5 resistance, which tells me the sellers are still very much in
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