🚨 $SOL /USDT – Facing Rejection from $154.21 — Short Trade in Play 🚨
SOL surged to a new 24H high at $154.21 but failed to hold, now trading at $151.31. A clear short-term rejection is forming with lower highs on the 15M chart.
Price: $151.31
24H High / Low: $154.21 / $143.46
24H Volume: 5.65M SOL
1H Chart Breakdown:
Bearish divergence forming after peak
SAR flipped bearish near $149.37
Volatility remains elevated
Short Trade Plan:
Entry Zone: $151.80 – $152.50
Final Target: $147.80
Stop Loss: $154.30
Why This Setup Makes Sense:
Failed breakout and repeated upper wick rejections at $154 zone signal seller strength and momentum exhaustion.
Risk Strategy:
Use a dynamic stop-loss above recent wick, trail profits if drop accelerates.
Take short trade here on $SOL
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