Short-Term Bearish Setup: Potential 2.45R Sell Trade on Solana (
2024-12-07

After carefully identifying the support and resistance zones, we’ve identified a potential 2.45R short trade opportunity on Solana for the short term. Here’s the confluence supporting this setup:

The crypto market on the 15-minute timeframe is in a clear sell trend.
Solana also shows a bearish bias on the 15-minute period.
The ADX and DI (200) indicate bearish momentum, while the Stochastic RSI (200) suggests buyer exhaustion.
Wishing you a successful trade, folks!