$SOL /USDT short trade signal 🚦 🛑
BEARISH MOVE AFTER REJECTION FROM SUPPLY ZONE — SHORT OPPORTUNITY LOADING!
After a strong bullish push toward the $180 mark, $SOL faced a sharp rejection from the resistance zone around $176.90. Price has retraced quickly, forming a wick-heavy candle indicating strong selling pressure. If this momentum sustains, the bearish move could deepen toward the previous support area near $170.
Trade Setup (Short):
Entry: $174.70 – $176.00
Take Profit: $170.30
Stop Loss: $176.90
Market Outlook:
Current price action reflects a fakeout above local resistance, followed by an aggressive bearish engulfing candle. Watch for continuation confirmation below $174.50 to validate this short setup. Risk is clearly defined with favorable R:R near 2:1.
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