$SOL USDC – LOCAL TOP FORMED AFTER WICK REJECTION | SHORT TRADE SIGNAL

REJECTION AT $185 SHOWS SELLING PRESSURE

BEARISH ENGULFING FORMED ON 4H CHART

$SOL hit resistance at $184.95 and quickly rejected with a sharp upper wick and a bearish candle. Price is now below $180, signaling a potential pullback as momentum cools off.

Trade Setup:

Short Entry: 178 – 180

Targets:

TP1: 173

TP2: 167

TP3: 161

Stop Loss: 185

Short Outlook:

Momentum fading after a steep rally; price likely to correct further unless bulls reclaim $185 with strong volume.

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