- Entry
- $75.85
- Final
- $71.84 -5.3%
- Target
- $60.00
- Score
- +0.25
Setting up a strategic short position on **Solana (SOL)** with a mid-term target of **$60**. My stop level is clearly defined on the chart around the recent local swing high to maintain a healthy risk-to-reward ratio. Looking at the current price action, I expect this prolonged sideways movement to be a classic **bearish consolidation**. It appears to be a corrective phase following the previous sharp downward impulse. The market seems to be building liquidity before the next leg down, and …
— ORIGINAL POST ·
SOL/USDT Analysis: Short Setup Toward $60 Target
· r/CryptoMarkets
· Mar 25, 2026