Solana 🔻 $SOL Weakening Grip: Uptrend Cracks as Bears Circle In...
$SOL climbed from $128 to $149 in an aggressive move but failed to sustain momentum. The 4H chart now paints a clear picture — a lower high has formed, and selling volume is creeping in. Bulls are showing hesitation, while bears are setting the trap — classic signs of a trend on the edge.
📉 Short Trade Setup
• Entry Zone: 144.00 – 145.30
• TP1: 139.20
• TP2: 134.60
• TP3: 129.00
• Stop Loss: Above 147.00
💡 Market Insight:
After pushing into major resistance, $SOL is now showing signs of exhaustion. Momentum is stalling, and each bounce is getting weaker. With volume fading and structure flipping bearish, shorting near the recent highs gives a solid edge with minimal downside risk.