$SOL Rejected at Key Resistance — Further Downside Likely
Current Price: $179.03 (-2.02%)
$SOL has fallen below the crucial support-turned-resistance level near $179.80, following a failed recovery. This bearish setup reflects growing selling pressure, with price action hinting at a possible drop toward the next support around $176.60.
Unless $SOL reclaims the broken zone, momentum remains in favor of the bears.
Trade Setup:
🔻 Type: Short
📍 Entry: $179.42
🛑 Stop Loss: $180.88
🎯 Take Profit: $176.64
