🔻 $SOL / USDT – Rejection at Resistance, Short Signal Triggered
💰 Current Price: $160.72 (-1.75%)
💡 Summary:
SOL failed to break above the $161.75–$162.45 resistance zone, forming a bearish rejection candle – a clear sign of fading momentum. After a weak bounce from $157.74, bulls are losing steam. If $162.00 isn’t reclaimed soon, expect a pullback towards lower supports.
📉 Short Trade Setup 📌 Entry: $161.21
🛡️ Stop Loss: $162.45
🎯 Targets:
• TP1: $160.00
• TP2: $159.00
• TP3: $158.18
📊 Market Outlook:
Short-term structure is turning bearish. Watch for continued rejection near $162 – if resistance holds, sellers may take control towards intraday lows.
💡 Pair: SOLUSDT (Perp)
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