🔻 $SOL /USDT Bearish Rejection After Lower High! ⚠️
$SOL tapped $164.19 but failed to hold, forming a lower high near $163.60 before slipping below all key EMAs. Now trading at $161.91 with weakening momentum signs point to a short-term pullback.
📊 Trade Setup – SHORT Bias
• Entry Zone: $161.90 – $162.30
• TP1: $160.70
• TP2: $160.00
• Stop Loss: Above $163.10
💡 Insight:
Price has lost the 7, 25, and 99 EMA cluster, and MACD is turning red again. RSI at 29 shows weakness, not reversal momentum favors bears unless $163 is reclaimed quickly. Clean opportunity for intraday shorts on breakdown continuation.