$SOL / USDT – Short Trade Alert! 🚨📉
$SOL is currently trading at 165.82 (-0.38%) on the 4h chart. After failing to sustain above resistance near 173, price action shows signs of exhaustion with bearish pressure creeping in. A potential short setup is forming.
📉 Trade Setup:
Entry Price: 165.82
Take Profit (TP): 162.50
Stop Loss (SL): 169.40
⚠️ Outlook:
Solana faced rejection at recent highs and is struggling to regain momentum. With a lower high structure and increasing selling volume, downside movement could be expected in the short term.
SOLUSDT – 4h – Binance
📊 24h Range: 161.03 – 173.11
📈 30 Days: +19.73%
📉 180 Days: -28.84%