Second big short
Analyst AhmadArz📊
🕹 Price Action: The chart shows a recent drop followed by a retracement, indicating a potential continuation of the downtrend. The price currently sits below a significant resistance level around 184.93 USDT, which has previously acted as a barrier to further upward movement.
▶️Entry : 165.94 USDT
🔴Stop Loss (SL): 174.87 USDT
🎯 Target Points (TP): Four target points are marked on the chart:
- TP1: 158.45 USDT
- TP2: 150.62 USDT
- TP3: 140.21 USDT
- TP4: 130.04 USDT
These targets are aligned with the expectation that the price will continue to drop, offering potential profit-taking opportunities at each level.
🚨 Risk/Reward Zones: The red zone above the current price represents the potential loss area if the trade moves against the anticipated direction, signaling where a stop-loss might be placed. The grey zone indicates the profit area, showing the expected price levels where the trader might consider exiting the position to secure gains.
🔍Simple: Loss or Profit: This annotation underscores the straightforward nature of the trading signal—either the trade will hit the stop-loss and result in a loss, or it will reach one of the target points, leading to a profit.
The overall sentiment in the chart points to a cautious but calculated bearish strategy, aiming to capitalize on the expected downward movement in the SOL/USDT pair.
Thank for boost this idea.🙏✨
🕹 Price Action: The chart shows a recent drop followed by a retracement, indicating a potential continuation of the downtrend. The price currently sits below a significant resistance level around 184.93 USDT, which has previously acted as a barrier to further upward movement.
▶️Entry : 165.94 USDT
🔴Stop Loss (SL): 174.87 USDT
🎯 Target Points (TP): Four target points are marked on the chart:
- TP1: 158.45 USDT
- TP2: 150.62 USDT
- TP3: 140.21 USDT
- TP4: 130.04 USDT
These targets are aligned with the expectation that the price will continue to drop, offering potential profit-taking opportunities at each level.
🚨 Risk/Reward Zones: The red zone above the current price represents the potential loss area if the trade moves against the anticipated direction, signaling where a stop-loss might be placed. The grey zone indicates the profit area, showing the expected price levels where the trader might consider exiting the position to secure gains.
🔍Simple: Loss or Profit: This annotation underscores the straightforward nature of the trading signal—either the trade will hit the stop-loss and result in a loss, or it will reach one of the target points, leading to a profit.
The overall sentiment in the chart points to a cautious but calculated bearish strategy, aiming to capitalize on the expected downward movement in the SOL/USDT pair.
Thank for boost this idea.🙏✨
To receive more signals⬇️⬇️⬇️
Telegram VIP signal channel:📢 t.me/ahmadarzvip
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