$SOL – BEARISH SETUP BELOW $173 AFTER FAILED RECOVERY
DEVIATION FROM $173.49 WITH LOWER HIGH STRUCTURE
WEAK BOUNCE FROM $166.70 SUGGESTS SELLERS REMAIN IN CONTROL
$SOL attempted to bounce after reaching support at $166.70, but the current recovery to $169.86 remains weak and struggles below resistance at $170.84. Lower highs and wicks on the recent candles reflect exhaustion of buying momentum. If the $169.35 level is broken again, bears may push the price down to $167.85 or even $166.00.
SHORT ENTRY: $169.70 – $170.20
TARGET 1: $167.80
TARGET 2: $166.00
STOP-LOSS: $172.50
Weak bounce in a downtrend – short position is preferred until bulls reclaim the $172+ level.