$SOL /USDT Faces Rejection at $151.82 – Short Trade in Play

After testing $151.82, #Solana is seeing a firm rejection and now trading around $147.34. The price action is showing lower highs and bearish candles on the 15m chart, indicating strong selling pressure.

Current Price: $147.34

24H High / Low: $154.21 / $147.29

24H Volume: 4.22M SOL

15M Chart Analysis:

Strong bearish candles after multiple failed attempts to reclaim $150+

Support now being tested again around $147.00

Breakdown below $147 could lead to swift downside

Short Trade Plan:

Entry Zone: $147.00 – $147.50

Final Target: $144.50

Stop Loss: $149.60

Why This Setup Makes Sense:

Rejection from $150+ zone has led to lower highs, and increasing volume on red candles suggests sellers are in control. A breakdown below $147 could accelerate bearish momentum.

Risk Strategy:

Use a tight stop-loss above recent highs and consider partial profits at $145.

Take short trade here on $SOL