$SOL /USDT Pattern Watch: Rejections Continue!
$SOL has been forming clear technical patterns but every bounce has been met with a stronger rejection.
Chart Breakdown:
Inverse Head & Shoulders failed at $187.57
Double Bottom breakout stalled at $178.72
Lower High confirmation at $167.41
Recent bounce to $163.40 was rejected again
Now consolidating between Resistance (~$148) and Support (~$141)
Market Insight: The structure shows consistent lower highs, signaling bearish momentum despite temporary rallies. The market is currently trying to pull back, but supply zones remain dominant.
Breakout Trading Plans:
Bullish Scenario (Break above $148):
TP1: $157
TP2: $167
TP3: $178
Bearish Scenario (Break below $141):
TP1: $134
TP2: $128
TP3: $120
Keep risk tight. Trend is still bearish unless SOL reclaims $148+ with strong volume.