$SOL /USDT STRUGGLING TO HOLD GAINS – SHORT-TERM EXHAUSTION OR DEEPER CORRECTION?
SOL rallied sharply to test resistance at $187.71 but faced immediate rejection. The price is now pulling back, currently trading at $179.49 on the 4H chart. This candle pattern signals potential buyer fatigue at the top of the recent uptrend.
Trade Setup (Short):
Entry: $180 – $183
Take Profit: $172 / $168
Stop Loss: $188
Market Outlook:
Although SOL has posted solid gains over the past 30 days, the rejection wick and lower high structure on this timeframe indicate possible short-term correction. A break below $176 would confirm bearish pressure.
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