$SOL/USDT – Short Trade Setup 🚦

Solana ($SOL) is showing renewed weakness after failing to break through its recent resistance zone. At press time, the price is trading around $206.98, slipping slightly from the highs near $212–$210. This inability to sustain above key resistance is signaling that sellers are once again gaining the upper hand.

🔍 Technical Picture

The $210–$211 region continues to act as a strong barrier. Buyers have attempted multiple times to reclaim this zone but have been rejected, which strengthens the bearish outlook. If current support levels give way, deeper downside targets are likely to come into play.

📊 Short Trade Setup

Entry Zone: $207.50 – $208.20

Current Price: ~$206.98 (just below entry area)

Aggressive Entry: Enter below $207.50

Conservative Entry: Wait for a pullback toward $208

🎯 Targets:

TP1: $206.50

TP2: $205.20

TP3: $203.80

🛑 Stop Loss: $209.50 (placed safely above resistance)

📈 Market Outlook

Resistance remains firm: The $210–$211 supply zone is still a hurdle for bulls.

Bearish control confirmed: The inability to reclaim above $209 highlights seller dominance.

Momentum watch: A clean break below $207 could accelerate selling pressure toward deeper supports.

⚡ Strategy Notes

Aggressive traders can look to short immediately, as downside momentum favors sellers.

Conservative traders may wait for a bounce back into the $207.50–$208.20 zone before initiating short entries.

💡 At the time of writing, SOL is hovering around $208.37 (-0.4%), showing early signs of bearish continuation.

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