$SOL /USDT SHORT TRADE SETUP BEARISH REVERSAL FROM HIGH šÆ š„
Current Price: 174.66
Market Structure: SOL spiked to 179.14 but faced strong rejection, forming a large red candle. Lower highs are starting to develop, indicating potential downside momentum.
ENTRY LEVEL:
Short between 174.80 ā 176.20 on a weak bounce.
STOP LOSS:
Above 177.60 to protect against sudden reversals.
TARGET POINTS:
ā¢ TP1: 172.00
ā¢ TP2: 169.50
ā¢ TP3: 167.00
TRADE ANALYSIS:
Failure to sustain above 179.00 signals buyer exhaustion. If selling pressure continues, SOL could retest support levels around 172 and potentially drop toward 167 in the short term.