$SOL Rejected at $186, Downtrend Accelerates!
After failing to break the $186.18 resistance, $SOL slipped -0.76%, confirming a 1H descending triangle breakdown. Key support sits at $177.51 — a breach could trigger another 5% decline.
⚡ Short Setup
Entry Zone: $178.50 – $179.50
Stop Loss: Above $181.00 (to avoid false breakout traps)
TP1: $177.51 (24h low)
TP2: $175.00
TP3: $172.00 (liquidity grab zone)
🔍 Market Insight:
Weak rallies with volume divergence suggest smart money distribution. Sustained trade below $179.00 may accelerate the drop. Watch the next 4H candle for confirmation.