$SOL USDT – FAKEOUT OR FAILURE? BEARISH SETUP BELOW $161!
SHARP REJECTION FROM $161.18 RESISTANCE
BEARISH CANDLE FORMING AFTER SPIKE
$SOL attempted a breakout toward $161 but faced instant rejection, forming a strong upper wick and a bearish follow-through candle. The price is now retreating back below $159, indicating the breakout may have been a fakeout.
MACD remains slightly negative, and histogram bars are weakening—suggesting buying momentum is fading quickly.
SHORT Entry: $158.50
TP1: $156.00
TP2: $153.80
SL: $161.30
If $161 remains unbroken, expect further downside as bulls lose steam.
#SOLUSDT #BearishSignal #SolanaAnalysis #CryptoTrading #BinanceFutures