$SOL /USDT – Bearish Pullback After Strong Rejection!
Current Price: $129.48 (+3.63%)
24H Range: $124.01 – $134.11
Momentum: Rejection from highs, lower highs and lower lows forming on 15m chart
Market Insight:
SOL faced a heavy rejection from $134 and has been trending downward in a clear short-term downtrend. Despite a small bounce at $128, the structure favors sellers unless price reclaims $131+.
Key Levels:
Resistance: $131.20 / $134.00
Support: $128.00 / $124.50
Short Trade Setup:
• Entry Zone: $129.80 – $130.50 (watch for weak bounce)
• Target 1: $128.00
• Target 2: $125.00
• Stop Loss: $131.30
Pro Tip:
Watch for volume divergence and wick rejections around $130+ for an ideal short re-entry. Use tight risk management.
CTA:
SOL bulls are struggling—don’t miss this clean short opportunity if resistance holds!
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128.8
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