$SOL BEARISH REJECTION — PRICE STRUGGLES TO BREAK ABOVE 99-MA
$SOL attempted to reclaim $164.79 but faced resistance near the 99-MA at $164.14. Price is now pulling back to $163.90, signaling sellers are still defending upper levels, with downside pressure likely if support fails.
Trade Setup (Short):
Entry Zone: $163.80 – $164.10
Take Profit 1: $162.50
Take Profit 2: $161.20
Stop Loss: $165.00
Market Outlook:
Bearish momentum remains active as continues to trade under the 99-MA. A breakdown below $163.00 could accelerate the move toward recent lows.
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buy and trade here $SOL