SOLANA SHORT SQUEEZE INCOMING? 🚀 Time for an Intraday Reversal Play! 📉
SOL/USDShortIntraday2d ago0 views
Trade Setup
Entry Price
83.4400
Stop Loss
85.4300
Take Profit
78.4600
Risk : Reward
1 : 2.50
RiskReward
Alright KoraFX fam! Yechan Yoon here, buzzing with a spicy intraday idea for SOL/USD! 🔥 I know I'm usually screaming "Bull szn incoming!", and overall, SOL's trend is bullish, up 0.83% today. But even the strongest rockets need to refuel sometimes! ⛽️ Current price is 83.04, pushing against some major resistance. I'm eyeing a quick, aggressive short here!
Technical Setup: Pressure Cooker at Resistance! 📈
SOL has been showing strong momentum, but we're hitting a wall. We just tagged the daily range high of 84.7008, and major resistance levels at 83.5 and 84 are right there. My entry point for this short is 83.44 – a tactical play right into that resistance zone. My Stop Loss is set tight at 85.43, just above the day's high, meaning if SOL blasts past there, I'm out! For profit-taking,
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