$SOL /USDT short trade signal 🚦🛑
BEARISH RETEST IN PLAY — SHORT RALLY MAY BE FADING!
$SOL is trading at $170.84 after rebounding from the $169.14 low. However, the structure remains weak with lower highs and persistent selling pressure. The Parabolic SAR has flipped bearish earlier, and RSI at 54.26 shows neutral momentum without bullish confirmation. This relief bounce is likely to face resistance near $172–$174, offering a low-risk short setup.
Trade Setup (Short):
Entry: $171.80 – $173.20
Take Profit (TP): $167.50 / $164.00
Stop Loss (SL): $174.80
Market Outlook:
Momentum remains tilted to the downside unless bulls break above $175 with strong volume. Watch for bearish engulfing candles to confirm rejection.
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