$SOL

#Increasing bearish pressure on Sol – beware of a sudden collapse 🚨

#Increasing bearish pressure on Sol – beware of a sudden collapse 🚨

$SOL has just dropped from a high of $243.50 to $240.30 as rejection begins at today's resistance. Momentum is slowing, and selling dominance is increasing (51.10% vs 48.90%). This indicates that a deeper pullback may be imminent.

Trade Setup – Bearish Bias:

Entry Zone: $240.50 – $239.70

TP1: $236.00

TP2: $232.50

Stop Loss: above $245.00 (24-hour high)

If it breaks below $239.00 with strong volume, the bearish outlook is reinforced. Stay alert – things can change quickly! Just dropped from a high of $243.50 to $240.30 as rejection begins at today's resistance. Momentum is slowing, and selling dominance is increasing (51.10% vs 48.90%). This indicates that a deeper pullback may be imminent.

Trade Setup – Bearish Bias:

Entry Zone: $240.50 – $239.70

TP1: $236.00

TP2: $232.50

Stop Loss: above $245.00 (24-hour high)

If $SOL breaks below $239.00 with strong volume, the bearish outlook is reinforced. Stay alert – things can change quickly!