$SOL /USDT short trade signal 🚦🛑
BEARISH DROP FROM LOCAL HIGH — SHORT-TERM SELL PRESSURE IS BUILDING
$SOL peaked at $179.02 and is now retracing sharply, currently trading around $174.24. The 30-min chart shows a strong series of red candles, signaling increasing downward pressure. A lower high formation and breakdown from the consolidation range confirm a potential short-term bearish wave.
Trade Setup:
Short Entry: $174.50 – $175.00
Take-Profit (TP): $170.50
Stop-Loss (SL): $177.20
Market Outlook:
Momentum has shifted toward the downside as buyers failed to sustain the rally above $178. If support at $173 breaks cleanly, expect a move toward $170. Bulls may return near key moving average zones if the drop extends.
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