🔻 $SOL 📌 Market Overview: With strong rejection at the upper resistance, $SOL is susceptible to a short-term decline. Watch closely, sellers may tighten control if the bulls cannot reclaim $164.25! ⚠️🧠
Hit a major barrier! Downward rejection from the supply zone! 🚦
$SOL has just touched the supply zone from $162.35–$164.25 and immediately showed signs of weakness with a sharp wick and rejection on the 30-minute chart indicating that the bulls are losing control.
Momentum is fading near resistance, and if the price stays below this area, a correction seems likely before any larger rise.
📉 Short Trade Setup:
• Entry Area: $161.90 – $162.35
• 🎯 TP1: $160.00
• 🎯 TP2: $158.50
• 🎯 TP3: $157.30
• ❌ Stop Loss: $164.25
• 💼 Margin: 2–3% of the portfolio
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