$SOL just dipped from a high of $243.50 down to $240.30 as rejection kicks in at the intraday resistance. The momentum is slowing, and sell-side dominance is rising (51.10% vs 48.90%). This suggests a potential deeper pullback could be imminent.
Trade Setup – Short Bias:
Entry Zone: $240.50 – $239.70
TP1: $236.00
TP2: $232.50
Stop-Loss: Above $245.00 (24H High)
If $SOL breaks below the $239.00 level with solid volume, the bearish outlook strengthens. Stay alert – things could shift quickly!