$SOL /USDT BEARISH REVERSAL SIGNAL – REJECTION FROM LOCAL TOP!
$SOL recently failed to hold above $152.39 and has since formed a series of lower highs and lower lows on the 30-min chart. A strong rejection candle followed by heavy red volume confirms seller control, with price now slipping below $148. The bounce off $146.91 appears weak and short-lived unless volume picks up again.
🔻 Trade Setup (SHORT):
Entry Zone: $148.00 – $149.50
Target 1: $146.00
Target 2: $143.30
Stop Loss: $150.60
Why Short?
Momentum has shifted sharply downward after bulls failed to sustain above resistance. The bearish engulfing structure and repeated rejection near $151.84 indicate a likely continuation toward lower support levels unless reclaimed. Watch for a breakdown below $146.90 for added confirmation.
Risk Management Tip:
Always use a tight stop loss above recent lower highs. If price breaks above $150.60, exit quickly and reassess.
Don’t let this breakout fakeout trap you — short smart, cover deep!
Ride the red wave before it floods — profits belong to the prepared!
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