$SOL L Bearish Setup – Trendline Rejection Signals Short Opportunity

Solana ($SOL ) has faced rejection once again at the descending trendline, showing clear selling pressure near the $187 zone. This indicates weakness and suggests that the downward trend could continue. As long as the price remains below $187.40, we might see further bearish momentum.

Entry Zone: $186.20 – $185.60

Target 1: $184.40

Target 2: $183.80

Target 3: $183.35

Stop-Loss: $187.37

Risk Management: Risk only 3-5% of your capital. Once Target 1 is hit, move your stop-loss to the entry point to make the trade risk-free.

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