$SOL USDT REJECTED AT MOVING AVERAGES — ANOTHER LEG DOWN LOADING?

$SOL is struggling to stay above key short-term moving averages, with the MA(25) and MA(99) acting as strong resistance zones. Price was rejected from $164.83 and is now consolidating just under $163, signaling potential for more downside if bulls fail to break out soon. Momentum is fading, and bears are eyeing a fresh dip below $160.

📉 Trade Setup (SHORT):

Entry Zone: $162.80 – $163.40

Take Profit 1: $160.50

Take Profit 2: $158.80

Stop Loss: $164.70

📊 Market Outlook:

Price structure is forming lower highs with tight rejections near major moving averages. Volume remains weak, and MA crossovers are turning bearish. Iffails to reclaim the $163.80–$164.20 range, sellers may dominate the next move.

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buy and trade here on $SOL