SOLUSDT Perpetual–High R:R Short Setup from Key Resistance Zone
SOLUSDT printed a strong bullish impulse candle, reaching a key resistance zone around $151.76, where a short position has been opened, anticipating a potential reversal.
Trade Details:
Position: Short
Entry: $151.76
Stop Loss: $153.17 (0.88%)
Take Profit: $142.05 (6.44%)
Risk/Reward Ratio: 7.3, highly favorable for intraday or swing shorts
Setup Rationale:
Price tapped into a potential supply zone / previous resistance
Sharp move up without pullback may indicate overextension
Ideal for traders using a fade-the-pump or reversal-based strategy
This setup relies on a quick rejection from resistance, with tight risk control and a deep profit target — a clean and efficient play for high-risk:reward traders.
Trade Details:
Position: Short
Entry: $151.76
Stop Loss: $153.17 (0.88%)
Take Profit: $142.05 (6.44%)
Risk/Reward Ratio: 7.3, highly favorable for intraday or swing shorts
Setup Rationale:
Price tapped into a potential supply zone / previous resistance
Sharp move up without pullback may indicate overextension
Ideal for traders using a fade-the-pump or reversal-based strategy
This setup relies on a quick rejection from resistance, with tight risk control and a deep profit target — a clean and efficient play for high-risk:reward traders.
Trade closed: stop reached
HIT STOP LOSSLOSS = 0.88%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.