$SOL Bearish Retest & Breakdown Setup
Entry: $194.20 – $195.20
Target 1: $191.00
Target 2: $189.20
Target 3: $187.80
Stop-Loss: $197.60
$SOL is retesting the breakdown zone on the 30-minute timeframe with clear momentum weakness, forming lower highs after failing to reclaim the previous support. This structure signals a continuation of the downtrend, with sellers preparing to push price toward the next demand zone near $188.
Risk Management: Use 3–5% capital allocation. Once Target 1 is hit, shift stop-loss to entry for a safe continuation into lower support levels.