$SOL USDT short trade signal 🛑 🚦
BEARISH REJECTION AT RESISTANCE, SHORT SETUP IN PLAY
$SOL faced a sharp rejection near the $169–$170 zone, confirming it as a strong intraday resistance. After a failed breakout attempt, bears stepped in with volume, pushing price back below key structure. With momentum fading and price failing to reclaim resistance, this opens up a short opportunity targeting lower support levels.
Trade Setup (Futures):
Entry Zone: $168.80 – $168.00
Take Profit 1: $166.95
Take Profit 2: $163.31
Take Profit 3: $161.26
Stop Loss: $170.94
Market Outlook:
SOL is showing signs of exhaustion after a strong bullish leg. A lower high formation and rejection from $170.94 mark potential for a deeper pullback. If $166.95 fails to hold, price may accelerate toward the $161 zone. Keep trailing SL for protection as move develops.
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buy and trade here on $SOL