$SOL
BEARISH SHORT SETUP
Technical Analysis:
$SOL is losing momentum after multiple failed attempts to break above the $203–$204 resistance zone. The price has started forming lower highs on the 1H timeframe, indicating a potential reversal. Weak buying pressure and increased volume on red candles suggest sellers are regaining control, with downside targets aligning with recent support levels near $197.
Entry: Below $199
Targets (TP): 196 / 192 / 188
Stop Loss (SL): 203.5
Risk Management: Risk only 2–3% of your total capital. Keep SL tight and trail profits as price moves in your favor.