Technical analysis by origami_capital33 about Symbol SOL: Sell recommendation (12/31/2024)
https://sahmeto.com/message/3120217

origami_capital33
Rank: 257
Analytical Power:
3.2

"🚨 Shorting SOL/USDT 🚨I'm entering a short position from the Order Block (OB) at $194.20, targeting the next significant support zones:First Target: $191.67Final Target: $178.10Reasons for the short:1️⃣ Price tapped into a bearish Order Block (OB), showing potential rejection.2️⃣ Key supports below remain untested, indicating sell-side liquidity.3️⃣ EMA alignment suggests potential bearish continuation.Stop-loss is tight at $196.52 to manage risk effectively. Let’s see how this plays out! 📉#tradingview #SOLUSDT #technicalanalysis #shorttrade"
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourProfit Target:
$178.1Price at Publish Time:
$192.93