$SOL/USDT Rejected at Range High — Breakdown Setup Forming ⚠️
Trade Setup: Short
Entry Zone: 90.0 – 90.5
Stop Loss: 92.1
Targets:
🎯 TP1: 88.5
🎯 TP2: 87.2
🎯 TP3: 85.9
SOL is showing clear rejection from the upper supply zone after failing to hold above resistance — a classic signal of weakness at range highs. Price is now forming a distribution structure with consistent lower highs, indicating sellers are stepping in.
Bullish momentum is fading, and with price holding below the mid-range, the structure favors a move lower toward liquidity resting at the bottom of the range.
⚡ Key Insight: Range highs + failed breakout = high probability short setup.
As long as SOL remains below 92.1, downside continuation toward lower targets remains the dominant scenario.
📉 Structure: Bearish
📊 Momentum: Weakening
⚠️ Bias: Breakdown
Trade $SOL here 👇
