Solana (SOL) has been on an impressive run lately, but signs are emerging that a potential pullback may be just around the corner. ๐จ
๐ Current Setup:
After a strong bullish rally, SOL/USDT is approaching a key resistance level. Momentum indicators are showing early signs of weakness, and volume has started to taper off. RSI is hovering near overbought territory, which could suggest exhaustion among buyers.
๐ Short Opportunity?
For traders watching closely, this could be an ideal zone to consider a short setup โ especially if price action confirms with a lower high or a bearish candlestick pattern near resistance. A break below recent support could signal a deeper correction.
๐ฏ Key Levels to Watch:
Resistance: Around $XX.XX (insert current resistance level)
Support: Around $XX.XX (insert current support zone)
Next Target (If breakdown occurs): Around $XX.XX
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