🔻 $SOL Rejected at Key Resistance — Bears Take the Lead! 🚦📉
$SOL just tested the $162.35–$164.25 supply zone and was quickly rejected, showing a sharp wick and weakness on the 30-minute chart — a clear sign bulls are losing momentum.
With price stalling below resistance, a short-term pullback seems likely unless buyers reclaim the zone.
📉 Short Trade Plan:
• Entry Range: $161.90 – $162.35
• 🎯 Target 1: $160.00
• 🎯 Target 2: $158.50
• 🎯 Target 3: $157.30
• ❌ Stop Loss: $164.25
• ⚙️ Leverage: 10x
• 💼 Risk: 2–3% of wallet
📌 Insight: The rejection near major resistance makes SOL vulnerable to further downside. If bulls can’t push above $164.25, sellers may strengthen their grip. ⚠️🧠