$SOL – GRINDING LOWER AFTER FAILED BOUNCE! SHORT PRESSURE BUILDING
$SOL /USDT continues its sharp downtrend after failing to recover meaningfully from the recent bounce off $164.58. Price action remains bearish with consistent lower highs and rejections near $167.66. As long as $168 holds as resistance, further downside is likely. A clean break below $164.50 could trigger accelerated selling toward the $160 level.
SHORT Entry: $166
Target 1: $164.00
Target 2: $160.50
Stop Loss: $169.50
Trend remains heavy to the downside—short rallies may offer optimal re-entry zones.
