$SOL L — Relief Bounce Into Supply, Downtrend Still Dominant

The recent push higher lost strength quickly as sell pressure appeared on the first resistance test, signaling a corrective move rather than a true trend reversal. Momentum is fading and price is failing to gain acceptance above this zone, keeping downside continuation in focus.

Direction: SHORT

Entry: 76.5 – 77.5

Stop Loss: 82.5

Take Profit Targets:

TP1: 72.0

TP2: 67.0

TP3: 60.0

With buyers losing control and momentum rolling over, rejection from this supply zone could drive strong bearish expansion.