$SOL is showing weakness again after multiple failed attempts to reclaim the $210–$211 resistance zone. The market is clearly respecting this level as a ceiling, with sellers taking control every time bulls push up.
📉 Current Situation: Price is trading around $206.98, slipping from recent highs near $212–$210. This confirms the bearish structure, with downside momentum gaining strength as support levels come under pressure.
🔻 Trade Setup (Short)
Entry Zone: $207.50 – $208.20
Current Price: ~$206.98 (already below entry)
Revised Entry:
Aggressive: Short below $207.50
Conservative: Wait for a bounce into $207.50–$208.20
Targets:
🎯 TP1: $206.50
🎯 TP2: $205.20
🎯 TP3: $203.80
Stop Loss: $209.50 (just above resistance)
📊 Market Outlook
Resistance locked: $210–$211 still acting as a major supply zone.
Bearish confirmation: Failure to hold above $209 signals clear selling pressure.
Momentum edge: If $207 cracks cleanly, expect sellers to push fast toward $205–$203.
⚙️ Strategy Notes
Since price is already under the entry zone:
Aggressive traders → Can short right now with momentum.
Conservative traders → Wait for a pullback toward $208 before entering.
📉 Bias: Bearish – Short valid below $209.50.
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