$SOL tirding signal 🚨
The SOL/USDT 15-minute chart indicates a downtrend, with recent bearish candles breaking below the 25-period moving average (MA) at 199.14, suggesting selling pressure. The price currently hovers around 197.20, which may act as immediate support.
Long Entry: A potential long trade could be considered if SOL reclaims the 199.50 level with strong volume, aiming for a target around the recent high of 205.00. Set the stop loss below 196.21.
Short Entry: A short trade entry is advisable if SOL breaks below 194.13, the 24-hour low, targeting the next support around 190. Set the stop loss above 198.50 to manage risk.
Summary: Watch for volume and price action near 194.13 (support) and 199.50 (resistance) to confirm breakouts before entering trades.
