$SOL /USDT BEARISH CHANNEL BREAK – EXPECTING A CORRECTION 🔻
Solana is testing the upper boundary of its rising channel around $171. Price is showing signs of exhaustion, and a rejection here could trigger a correction toward $166 in the short term.
📊 Trade Setup (Short Position)
Entry Zone: $169.5 – $170.8
Take Profit 1: $167.5
Take Profit 2: $166.1
Stop Loss: $171.1
📈 Market Outlook:
SOL’s price has rallied strongly, but momentum is slowing at channel resistance. A bearish rejection could lead to a short-term retracement, with downside pressure building unless price breaks above $171.
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