$SOL /USDT short trade signal 🚦 🛑
BEARISH REJECTION FROM RESISTANCE — SHORT OPPORTUNITY UNFOLDING!
Price action on the 30-minute chart shows $SOL facing a strong rejection from the $177.38 resistance zone. Despite previous bullish attempts, sellers have taken control near the supply zone, pushing price back toward the key support at $175. A clean lower high formation signals fading momentum, increasing the probability of a short-term bearish retracement.
Trade Setup:
Short Entry: $175.00 – $175.50
Take Profit: $171.00
Stop Loss: $177.50
Market Outlook:
SOL is showing signs of exhaustion after failing to break resistance cleanly. Volume spikes during the last wick indicate aggressive selling. If the price breaks below $174.50 support, further downside to $171 is likely. Risk management is key in this mid-range zone.
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