$SOL /USDT Short Signal Rejection Confirmed, Retracement Likely
$SOL has faced a clean rejection from the $174 resistance zone on the 1H chart. Bearish wick and candle formation confirm a shift in momentum. A break below $172 structure strengthens the case for downside.
š Entry Zone: $173.50 ā $174.00
šÆ Target: $166.00
š”ļø Stop Loss: $176.10
Leverage: 10x
Risk: 2ā3% of wallet
Market Insight:
Momentum favors sellers. As long as price remains under $174, a correction toward $166 is in play before any bullish continuation.