$SOL Rejects Resistance – Bearish Setup Confirmed
Solana is trading at $162.58 after facing strong resistance near the $164.50 level. The price formed a double top and broke below local support, signaling bearish momentum. If this breakdown holds, SOL is likely to test the $159.50 support area in the short term.
Trade Setup:
Short Entry: $162.88
Target: $159.51
Stop Loss: $164.59