$SOL /USDT short trade signal 🚦 🛑
BEARISH MOMENTUM BUILDING — BREAK BELOW SUPPORT LIKELY SOON!
Solana is currently trading around $120.22, showing clear signs of bearish pressure after multiple rejections near the $124 resistance. With consistent lower highs and increasing sell-side liquidity around $121–122, the market is preparing for a breakdown. A drop below $119 could trigger accelerated downside toward the next key demand zone.
Trade Setup (Short Entry):
Entry: $120.20
Take Profit (TP): $117.00 / $116.00
Stop Loss (SL): $122.30
Market Outlook:
Price action favors the bears as momentum weakens under resistance. If $119 breaks, it opens the door for a deeper correction. Watch volume and price reaction at that level for confirmation. Risk-to-reward remains favorable for short positions.
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buy and trade here on $SOL