🔍 $SOL Bearish Rejection – Short Setup Review

🟣 Key Levels & Setup

Failed Breakout: Above $174 zone, now rejected.

Current Price: ~$172.57 (at time of setup)

Breakdown Zone: 15-min chart confirms failure to hold above $174.

📉 SHORT TRADE SETUP

Entry Zone Take-Profit (TP) Stop-Loss (SL)

$172.50 – $173.20 $170.30 $174.80

> ✅ Risk-Reward: Reasonable setup if SOL can't reclaim $174.

⚠️ Invalidation: A strong push above $174.80 invalidates the short.

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📊 Market Outlook

Bear Bias: Momentum favors bears after the rejection.

Volume Watch: 🔎 Increased volume on breakdowns = more reliable follow-through.

Target Zone: $170.30 is a logical target from a short-term trader’s POV, but further downside possible if support cracks.

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🧠 Pro Tip for Traders

Be Disciplined: Stick to your stop-loss — don’t let a failed breakout trap you the other way.

Watch BTC: If Bitcoin turns bullish, SOL may reverse too.

Manage Position Size: Don’t risk too much on intraday setups — keep emotions out.

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🧭 Final Word

This setup makes sense for scalpers or short-term traders watching the momentum. If SOL fails to reclaim $174 fast, downside continuation is likely. But stay nimble — crypto reversals can be vicious.