$SOL SHORT TRADE SETUP – Targeting $153.90 & $144.00
#Solana just broke down from the $176.77 high and is now accelerating lower. The price has lost its bullish structure and is trading at $161.86 after tagging a low of $159.44.
With momentum firmly on the side of sellers, a deeper correction looks likely.
📊 Trade Setup:
Entry Zone: Around $162.00
TP1: $153.90
TP2: $144.00 (major demand zone)
Stop-Loss: Above $168.00 (recent breakdown level)
As long as $SOL remains under $165, the bears have the upper hand. Monitor for continuation patterns or bearish consolidation before re-entry.