$SOL Market Outlook:
Momentum is leaning in favor of sellers. As long as the price remains below $174, a correction towards $166 is in play before any upward continuation.
Sell Signal: Rejection confirmed, correction likely
$SOL faced clear rejection from the resistance area at $174 on the hourly chart. The candle formation and bearish wick confirm a shift in momentum. A break below the $172 structure intensifies the bearish scenario.
🛑 Entry Zone: $173.50 – $174.00
🎯 Target: $166.00
🛡️ Stop Loss: $176.10
Risk: 2–3% of the portfolio
#MemecoinSentiment #StrategyBTCPurchase #ETHBreaks3k #TradingStrategyMistakes #ArbitrageTradingStrategy