$SOL /USDT SHORT TRADE SIGNAL – BEARS DEFEND THE 204 LEVEL
SOL is facing heavy resistance around $204, where repeated rejections signal exhaustion of buying pressure. Failure to close above this level may invite sellers to push price lower toward intraday supports. Momentum is tilting bearish as bulls struggle to maintain higher highs.
Trade Setup (Short):
Entry Zone: 203.5 – 204.0
Take Profit 1: 202.0
Take Profit 2: 200.5
Stop Loss: 205.2
Leverage: 10x (Margin 2–3% of wallet)
Market Outlook:
If the 204 ceiling holds, SOL could retrace toward 200 support. Breakdown of $200 would strengthen bearish momentum, while a breakout above 205 cancels the short view.
