#SOL/USDT 6h (OKX Futures)Ascending trendline breakdown & retest

By TradingOn
Updated
Solana printed an evening star below 100EMA resistance and is pulling back to it, a rejection seems likely from it.

⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 5.0%

Current Price:
19.520

Entry Targets:
1) 19.649

Take-Profit Targets:
1) 17.691

Stop Targets:
1) 20.302

Published By: @Zblaba

SOL SOLUSDT.P #Solana #PoS solana.com

Risk/Reward= 1:3.0
Expected Profit= +59.8%
Possible Loss= -19.9%
Estimated Gaintime= 5-10 days
Trade closed: stop reached
OKX Futures
SOLUSDT.P Stoploss ⛔️
Loss: 19.9399% 📉

SOL did not get rejected and regained 100EMA instead, stopping us out.

snapshot
FTXl1layer1Moving AveragesPOSsecuritySOLsolanasolusdtstakingSupport and ResistanceTrend Lines
TradingOn