⚠️ Solana ($SOL) SHORT TRADE ALERT – Bearish Signals Flashing!
Solana ($SOL
L) is under heavy selling pressure as the charts confirm a clear rejection at the top of its channel. Multiple technical indicators are lining up, pointing toward a major dump in the days ahead.
🔎 Why the Drop Looks Likely
Classical TA → Strong rejection at key resistance.
Candlestick Patterns → Bearish reversal formations signaling weakness.
Fibonacci Levels → Exhaustion signs near $250 zone.
RSI Overbought → Momentum stretched, downside risk increasing.
MA & Ichimoku Cloud → Flashes of weakness building up.
Bollinger Bands → Tightening range suggests volatility incoming.
💥 Trade Setup – High Probability Short
Entry Zone: $238 – $237
Take Profit 1: $225
Take Profit 2: $200
Stop-Loss: $260
Leverage: 6x
Trend: Bearish → Shorting the rejection zone.
Solana bulls are losing steam, and this setup could be the perfect opportunity for traders looking to ride the next wave of selling pressure. 📉
