$SOL a short trade seems like a reasonable choice. Here's why:

Price is below EMA(25) and EMA(99) – Bearish trend confirmation.

RSI is below 50 – Momentum leans bearish, though it's not oversold yet.

MACD is negative – Selling pressure still exists, even though it may be weakening slightly.

Entry Strategy:

You could enter a short trade if the price rejects the EMA(25) or shows further signs of downward movement.

Stop Loss:

Place it slightly above recent resistance, around $252–$253 (the EMA region).

Take Profit Targets:

Look for potential support levels, like the recent low near $243.62, for your first target.

Make sure you manage your risk and adjust based on volatility.