$SOL SHORT TRADE SETUP – Targeting $168.00 & $163.50
Solana faced a sharp rejection near the $173.50 resistance zone and is now pulling back with visible bearish pressure. The current price at $171.83 reflects a -1.76% drop, signaling exhaustion after a failed breakout.
Trade Setup:
• Entry Zone: Around $172.30 – $171.80
• TP1: $168.00
• TP2: $163.50 (Major support zone)
• Stop-Loss: Above $173.60 (last rejection point)
As long as price stays below $172.50, the bearish scenario remains valid. Watch closely for further weakness confirmation on lower timeframes.