$SOL /USDT BEARISH REJECTION AFTER STRONG WICK NEAR RESISTANCE!
$SOL faced rejection just below the $154 level after a strong bullish move, forming a noticeable upper wick — a clear sign of selling pressure. Price is now pulling back from intraday highs and struggling to hold above $153, suggesting a potential short-term correction.
Trade Setup:
Short Entry Zone: $152.80 – $153.50
Take Profit Targets: $151.20 / $149.80
Stop Loss: $154.40
Market Outlook:
Despite the overall uptrend, the current rejection pattern and lower timeframe weakness indicate a likely dip before continuation. A break below $151 could trigger further downside. Monitor closely for confirmation.
Command: Capitalize on the dip before bulls regroup!
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