sell

Bearish Signal for SOLUSDT with Clear Exit Targets

The asset SOL has been in a declining phase for several days, with a chart displaying aggressive bearish candles. A bearish triangle pattern with significantly decreasing volumes has formed, confirming the downward trend with large sellers involved. Supporting this assessment is the liquidity pool beyond the horizontal support level. The asset's movement along this level with active selling in the order book suggests a potential sharp decline. The intended exit points are set at levels: $166.90, $165.89, and $165.18.
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AI Analysis

The analysis observes that SOL currently shows consistent downward momentum, confirmed by aggressive bearish candles and the formation of a bearish triangle pattern. The decreasing volume during this ...

AI Recommendation

Given the technical pattern, volume analysis, and order book indicators, it is advisable to open a short position with clear stop-loss placement above $169.66 to limit potential losses. The targets at...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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