$SOL USDT – SHORT TRADE SIGNAL AS PRICE FACES REJECTION NEAR LOCAL HIGH
BEARISH WICK REJECTION NEAR $154.37
LOWER HIGH STRUCTURE CONFIRMED ON 4H CHART
Price surged to test the $154.37 level but failed to break higher, forming a strong upper wick and signaling selling pressure. The chart structure indicates a lower high compared to the $156.33 top, suggesting potential downside.
Trade Setup:
Short Entry: $153.00 – $154.00
Targets (TP): $150.20 / $148.60
Stop Loss (SL): $155.60
Short Outlook:
Sellers likely to remain in control below $154. Watch for volume drop and lower candle closes for continuation.
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