$SOL /USDT BEARISH MOVE REJECTED AT RESISTANCE!
$SOL faced a strong rejection around the $179 zone after multiple attempts to break above the resistance band. The recent bearish engulfing candle signals a shift in momentum back to the downside. Price is now turning away sharply, setting up for a short opportunity.
Trade Setup (Short):
Entry: $178.70 - $178.20
Take Profit: $176.20
Stop Loss: $179.10
Market Outlook:
SOL is showing weakness at the supply zone with lower highs forming. If the price fails to reclaim $179, bearish continuation is likely. Watch for volume confirmation on further downside moves.
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