$SOL /USDT – Short Setup Developing After $150 Rejection! ⚠️📉
Solana failed to hold above $150.23 and is showing signs of exhaustion near local highs. The current structure hints at a potential lower high formation on the 15m chart.
Short Trade Setup:
Entry Zone: $148.20 – $149.20
Target 1: $146.30
Target 2: $144.00
Final Target: $141.50
Stop Loss: $150.60
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Why Short?
Bearish divergence and rejection from resistance zone with reduced momentum suggest downside pressure building.
Pro Tip: A breakdown below $147 could accelerate the sell-off — monitor volume!