$SOL

usdt Rejection at resistance suggests a possible drop

Current Price: 153.67

$SOL is showing signs of a short-term bearish reversal after hitting resistance.

It is likely entering a pullback phase, and traders may look for short positions with tight risk control.

Momentum indicators and price structure favor a correction toward key support zones.

Price rejected from strong resistance zone around 156–158

🎯 Short Trade Tips

🔹 Entry Zone (Short Entry):

153.50 – 155.50

Add more if retested near 156–157 with rejection

🔹 Targets (TP):

TP1: 151.00

TP2: 148.50

TP3: 144.80

TP4 (if breakdown continues): 139.00

Stop-Loss:

Above 158.50 (structure invalidation zone)

Critical levels ;

Resistance Levels (Upside Barriers):

156.00 – 158.00 → Strong resistance zone, previous rejection area

160.50 → Major swing high, invalidates short setup if broken

165.00 → Next bullish breakout level if price flips structure.

Support Levels

151.00 → Immediate support /

148.50 → Key support from recent breakout base

144.80 → Strong demand zone, potential bounce area

139.00 – 140.00 → High-confluence support zone

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!