#solana Slips from the Summit Is More Downside Ahead?

$SOL has been in a clear downtrend after peaking at 206.30, now trading near 162.14. Despite minor bounces, the lower highs and persistent selling pressure indicate continued weakness, especially after failing to reclaim 164.11 resistance.

Short Trade Setup (Spot)

• Entry Zone: 162.50 – 164.00

• Stop Loss: 169.80

• Target 1: 155.00

• Target 2: 148.00

• Target 3: 137.50

Price remains vulnerable below key resistance as selling dominates volume. A breakdown below 160 could accelerate the decline. Suitable for short-term traders watching for trend continuation.$SOL