SOL / TetherUSShort
Bearish Outlook for SOL/USD: Head and Shoulders Pattern Indicate
SOL/USDT is displaying a classic head and shoulders pattern on the chart, signaling a possible reversal in trend. With the neckline currently breached, there's a heightened probability of the price declining towards the projected target of around 94.
Entry: Short below neckline breakout confirmation
Stop Loss: Above right shoulder
Take Profit: Near projected target of 94
As always, remember to conduct your own analysis and risk management. Monitor price action closely for confirmation and adjustments. #SOL #Solana #TradingView #TechnicalAnalysis #CryptoTrading
Entry: Short below neckline breakout confirmation
Stop Loss: Above right shoulder
Take Profit: Near projected target of 94
As always, remember to conduct your own analysis and risk management. Monitor price action closely for confirmation and adjustments. #SOL #Solana #TradingView #TechnicalAnalysis #CryptoTrading
Not financial advice !!!
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