$SOL – BEARISH SETUP BELOW $173 AFTER FAILED RECOVERY
REJECTION FROM $173.49 WITH LOWER HIGH STRUCTURE
WEAK BOUNCE FROM $166.70 SUGGESTS SELLERS STILL IN CONTROL
$SOL attempted to bounce after hitting the support at $166.70, but the current recovery to $169.86 remains weak and is struggling below $170.84 resistance. Lower highs and wicks on the recent candles reflect exhaustion in buying momentum. If $169.35 breaks again, the bears may drive price down toward $167.85 or even $166.00.
SHORT ENTRY: $169.70 – $170.20
TARGET 1: $167.80
TARGET 2: $166.00
STOP LOSS: $172.50
A weak bounce in a downtrend — short bias favored until bulls reclaim $172+.