SOL/USDT has dropped to $122.62, confirming the rejection from the supply zone highlighted in my previous analysis. The price failed to hold above key resistance at $127.95, leading to a strong sell-off.
Trade Setup Recap:
Entry: $127.30 Take Profit: $120.20 Stop Loss: $130.70
Congratulations to those who followed the signal! The rejection at the marked zone and subsequent breakdown confirms the strength of the bearish structure. If this momentum holds, expect further downside toward the next support at $120.20. Manage your risk accordingly.
