$SOL /USDT BEARISH SETUP AFTER REJECTION FROM RESISTANCE

Current Price: $174.40

24h Change: -0.11%

Exchange: Binance

šŸ”ø Key Levels:

šŸ”¹ Resistance Zone: $177.50 – $178.20

šŸ”¹ Support Zone: $171.20 – $168.70

šŸ”¹ Current Price: $174.40

SOL faced a strong rejection near $178, confirming it as a valid resistance zone. Price is now turning downward, showing signs of weakness with lower highs on lower timeframes

TRADE SETUP (SHORT):

Entry: $174.00 – $175.00

Targets (TP):

• TP1: $171.20

• TP2: $168.70

Stop Loss (SL): $178.50

Risk Management:

Use 2% max capital per trade. Adjust position size according to SL distance. Always follow your trading plan and avoid over-leveraging!

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