$SOL Solana Slips from the Summit — Is More Downside Ahead?

Solana has taken a sharp turn from its recent peak at 206.30, now hovering around 162.14. Each bounce has been met with stronger rejection, and the failure to reclaim the 164.11 resistance only reinforces the bearish tone.

This isn’t just a pullback — it’s a trend shift.

Sellers continue to dominate, carving out a clear path of lower highs. With the price pressing against key support and volume leaning heavily on the downside, a break below 160 could open the floodgates.

Short Trade Setup (Spot)

• Entry: 162.50 – 164.00

• Stop Loss: 169.80

• Target 1: 155.00

• Target 2: 148.00

• Target 3: 137.50

Momentum favors the bears. If this structure holds, the next leg down could come fast. Stay sharp — the real move might just be warming up.

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