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SOL short-term short layout ideas, clear reference for stop loss and take profit levels!
Based on the current signs of weakening bullish momentum on the $SOL chart, I have organized a set of short-term short position layout plans with high certainty. The levels are clearly divided to facilitate batch holding and gradual profit-taking.
After entering this short position, uniformly set the defensive stop loss at the price level of 73.5. Once the price breaks upward and stabilizes above this level, it means the bearish thesis is invalidated, and you should exit in time.
Below, we set three-tiered take-profit levels to harvest profits in batches, without the need to close all positions at once:
First take-profit target: 67.5. This is the key support level for the first round of short-term decline. Upon reaching it, you can first reduce half of the position to lock in some profits.
Second target: 65.8. This belongs to the previous dense trading support area. After selling pressure is released, a small rebound is likely. The remaining position can be reduced further here.
Final long-term short target: 64. This is the core bottom range of this adjustment and the final closing point of this short position layout.
In trading, risk control must come first before talking about profits. Strictly follow the stop loss and batch take-profit execution!
$SOL