$SOL /USDT short trade signal 🚦
SHORT TRADE SIGNAL – STRONG REJECTION NEAR $163 RESISTANCE!
$SOL failed to sustain above the $163.00 resistance zone and is now showing signs of weakness, with consecutive lower highs forming on the 1H chart. Price has broken below intraday support at $158.50 and is now trading near $155.70 with bearish momentum. If $154.00 gives out, further downside is likely to accelerate.
TRADE SETUP (SHORT):
Entry Price: $156.50 – $158.90
Target 1: $151.00
Target 2: $147.20
Target 3: $142.00
Stop Loss: $161.80
WHY SHORT?
Bearish divergence is visible on RSI, and the price rejection from the $163 level aligns with declining volume. With Bitcoin also pulling back, SOL is exposed to downside continuation. A break below $154 could trigger a sharp move to the next major support zones.
RISK MANAGEMENT TIP:
Use a tight SL above $162 — if invalidated, re-evaluate the bias. Protect capital first, profits come next.
Don’t let this breakout trap you — sellers are in control now, ride the downtrend early!
Sell smart — don’t chase green candles when the trend is turning red!
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buy and trade here on $SOL
