#SOL SOL/USDT Order Analysis



Currently, my position is Short at 238.61 with SL around 241.7 and TP near 225.7.

1H Chart (Short-Term View):

Price recently rejected around 241.7 (strong resistance zone).

1D Chart (Bigger Picture):

SOL hit a recent high at 253.35 but failed to break higher.

Price is consolidating below resistance (241–242 zone).

As long as it stays below 241.7, the bias is bearish.

Next strong support lies around 225–226, which is my main Take Profit target.

Strategy:
I’m holding my short position with SL above 241.7 to protect risk, and aiming for TP at 225.7.
If SOL breaks below 236, momentum will likely push it further down toward my target.

This is a trend-following short setup with about 1:3 risk-reward ratio.
SOL0,18%
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)