$SOL 🔥 TRADE AND INVEST 🔥
Trade Setup:
Entry (Short): $155.90 – $156.80
Take Profit (TP): $150.00
Stop Loss (SL): $156.50
$SOL Price has rallied strongly into a key resistance zone between $155.90 and $156.80. However, early signs of exhaustion are visible with a rejection wick and bearish pressure starting to emerge. A short opportunity is forming as price struggles to break through this overhead supply zone.
Market Outlook:
#SOL is overextended in the short term after a strong impulsive move. A corrective pullback toward the $150 support zone is likely if bearish momentum confirms. Watch for volume drop or bearish engulfing on lower timeframes to trigger the short entry.
⚙️ Risk: Use proper risk management — 3x–5x leverage recommended