Hey Candle Fam,
We’re eyeing a clean short setup on SOL after structure broke down and buyers failed to hold key levels. Time to fade the bounce and let the market do the work.
🔥 SOLUSDT.P TRADE IDEA 🔥
Bias: Short
Strategy: Momentum Continuation after Structural Breakdown
Entry: 169.50 – 171.80
Stop Loss: 174.60
Take Profits:
▫️ TP1: 165.10
▫️ TP2: 161.30
▫️ TP3: 158.00 (extension target)
⸻
📊 Rationale:
– HTF structure: Sharp retracement from $215 top, lower highs forming
– LTF structure: Breakdown confirmed, no bullish CHoCH present
– Liquidity targeting: Clean sweep zones below $165 and $160
– Order flow: Sell-side delta dominance, funding positive = longs could unwind
– Volume profile: Imbalance between $172–175 now acting as rejection zone
🎯 Idea: Look for a minor pullback to $170–172, then ride downside liquidity flush. Protect profits fast if market spikes unexpectedly.
⸻
🧠 Stay sharp. Trade smart. Let the market come to us.
Candle Craft | Signal. Structure. Execution.
We’re eyeing a clean short setup on SOL after structure broke down and buyers failed to hold key levels. Time to fade the bounce and let the market do the work.
🔥 SOLUSDT.P TRADE IDEA 🔥
Bias: Short
Strategy: Momentum Continuation after Structural Breakdown
Entry: 169.50 – 171.80
Stop Loss: 174.60
Take Profits:
▫️ TP1: 165.10
▫️ TP2: 161.30
▫️ TP3: 158.00 (extension target)
⸻
📊 Rationale:
– HTF structure: Sharp retracement from $215 top, lower highs forming
– LTF structure: Breakdown confirmed, no bullish CHoCH present
– Liquidity targeting: Clean sweep zones below $165 and $160
– Order flow: Sell-side delta dominance, funding positive = longs could unwind
– Volume profile: Imbalance between $172–175 now acting as rejection zone
🎯 Idea: Look for a minor pullback to $170–172, then ride downside liquidity flush. Protect profits fast if market spikes unexpectedly.
⸻
🧠 Stay sharp. Trade smart. Let the market come to us.
Candle Craft | Signal. Structure. Execution.
Note
I made a mistake in long/short setting. This is a short idea.
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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.