$SOL 🧠 Bearish Momentum Confirmed on SOL
Structure has officially broken to the downside. Daily BOS confirmed after the $131 level failed to hold — and now $127 is under pressure.
📉 Trend Outlook:
• Price is trading well below EMA 20/50/100 — with all slopes pointing down.
• RSI (1D) is nearing extreme oversold, but no divergence yet — trend may continue.
• Volume and Open Interest rising on red candles → signs of active short build-up, not exit.
🎯 My Sell Setup:
• Entry: $129.5 – $131.2 (on weak retrace)
• SL: $133.6 (above minor breaker)
• TP1: $124
• TP2: $119
• TP3 (optional): $113 zone (weekly OB)
💡 Key Observation:
There’s no confirmed demand zone until $120–115 range. Orderbook shows thin liquidity below — which means price can flush quickly if support collapses.
No FOMO buys. Only patience. Wait for structure.
Sell the bounce. Ride the trend. Protect capital. 🧩📉
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