🚨 $SOL USDT STRUGGLING AFTER REJECTION – BEARS TESTING CONTROL 🔻
After tapping resistance near $204, $SOL faced sharp rejection and is now showing signs of intraday weakness. Despite an earlier bullish breakout, the momentum is fading with strong red candles indicating a possible short-term retracement.
📊 TRADE SETUP – SHORT TRADE SIGNAL 🔴
Entry Zone: $199 – $201
Take Profit 1: $195.50
Take Profit 2: $193.00
Stop Loss: $204.80
Leverage: 10x
Risk Allocation: 2–3% of wallet
📉 MARKET OUTLOOK
SOL's upside got capped near the $204 resistance zone — a crucial rejection area that led to a rapid bearish engulfing pattern on the 15m chart. A break below $197.50 could accelerate selling pressure toward lower supports. Bears currently hold short-term momentum unless $204 is reclaimed with strength.
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