$SOL
/USDT BEARISH REJECTION FROM SUPPLY ZONE – SELLERS TAKING CONTROL!
Solana has faced a strong rejection from the key resistance around $151.40–$151.89, forming a bearish structure just below the supply zone. Price action failed to maintain above this critical resistance and is now showing signs of downward continuation as it retests the minor support near $150.33.
Trade Setup:
Entry (Short): $150.30 – $150.60
Take Profit (TP): $148.10
Stop Loss (SL): $151.60
Market Outlook:
Momentum has shifted bearish after a failed breakout, indicating weakness in buyer strength. As long as price remains below the $151.40 resistance, we expect further downside movement toward the $148.10 demand zone.
Command: Monitor for breakdown confirmation and trail SL to protect profits.
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