#TradeOfTheWeek
Solana stagnates below the resistance of 176.$ after an aggressive increase of 11%.
Price action is slowing down, with rejection wicks formed on the 1H and 4H charts.
The RSI shows a bearish divergence—indicating a likely pullback ahead.
Trading setup:
Entry: 172.50 | Stop Loss: 177.50
TP1: 164.00 | TP2: 156.00 | Risk/Reward: 1:2.5+
Watch for a clear break below 170.$ for confirmation.
Move your stop after TP1 to secure profits during the downward movement.