Technical analysis by davidjulien369 about Symbol SOL: Sell recommendation (5/30/2025)

Entry: Day TF Trade Type: Sell-side Trade — SOL/USDTDate: Friday, May 30, 2025Time: 4:36 PM — London Session PMObserved Timeframe: 15minEntry: 163.099Take Profit (TP): 147.229 (−9.73%)Stop Loss (SL): 164.373 (+0.78%)Risk-Reward Ratio (RR): 12.46Entry Rationale: The entry at 163.099 was based on a confirmed breakdown below a key support level, signalling potential for further downside movement. The take profit level at 147.229 was determined based on the next significant support zone, aligning with a previous consolidation area.Stop level moved (4.77%)