Solana Short Position Update – June 7, 2025

7 Haz

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Solana Short Position Share

Currently, Solana appears to have entered an overbought zone after a technical rebound, and the pattern is reaching the completion area of a 0.382 ratio ALT BAT (Alternative Bat) pattern.

This pattern typically appears in areas with a high possibility of price reversal, and especially the 0.382 retracement is an early reversal form unique to the ALT BAT, indicating conditions where selling pressure in the market may strengthen again.

Accordingly, entering a short position at the current level is considered meaningful in terms of pattern reliability and risk-reward ratio.

The first target price is set at $150, which corresponds to a structural support level and the target range of a short-term corrective wave.
After entry, additional downside targets can be reviewed depending on market flow and candlestick development.

8 Haz

Not

1tp 2tp hit!!