🔻 $SOL
Short Trade Signal
🔹 Entry Zone: $157.00 – $158.50
🔹 Current Price: $157.01
🔹 Sentiment: Price facing resistance with slowing momentum
🔹 Key Resistance Level: $159.34 (24h High)
📊 24h Stats:
• High: $159.34
• Low: $152.87
• Volume: 2.61M SOL / $407.62M USDT
🎯 Targets:
• Target 1: $154.00
• Target 2: $152.00
• Target 3: $148.50
🛑 Stop Loss: $160.50 (Above key resistance)
📉 Technical Insight:
SOL is showing signs of weakness after testing resistance near $159. A rejection from this level along with declining momentum could push the price back to support levels. A break below $156 will confirm the bearish setup.
⚠️ Risk Note: Use appropriate position size. Wait for candle close below $156 for confirmation.
