Solana Short Position Update – June 9, 2025

9 giu

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Solana (SOL) Short Position Strategy

DEPP CRAB Short

1st Target: 150

Analysis Summary:
Recently, SOL's price movement faced downward pressure after a short-term rebound and resistance in the overbought zone. From a technical perspective, a short position was taken near the Fibonacci retracement zone and previous resistance level, with targets set based on a gradual decline.

Each target is considered a zone with a high probability of support testing, and a partial take-profit strategy may be effective depending on market conditions. Risk management is essential, and a stop-loss should be set in case of an unexpected rebound.

9 giu

Nota

I added to my short position based on the Crab pattern.