$SOL is losing bullish steam as price rejects near the $161 zone and breaks below key intraday supports. Bears are regaining control after multiple failed attempts to reclaim the 4H resistance at $160–$162. A clean breakdown below $155 could open the door for deeper correction toward major demand zones. Momentum indicators are rolling over, signaling weakness across the higher timeframe charts.
📉 Trade Setup:
Entry Zone: $155.0 – $157.0
Take Profit 1: $150.0
Take Profit 2: $145.0
Take Profit 3: $140.0
Stop Loss: $162.5
📊 Market Outlook:
Momentum has shifted bearish on both 4H and daily charts, with sellers defending the $160–$162 region aggressively. A confirmed close below $155 may accelerate downside pressure toward $145–$140 support. Only a strong recovery above $165 would invalidate the bearish structure.
buy and trade here on $SOL
SOL
153.8
-3.99%