Strong rejection into intraday resistance after an impulsive recovery leg. Price tapped the supply zone and immediately showed hesitation, signaling sellers are defending this level and momentum is fading into resistance.

Trading Plan SHORT: $SOL /USDT

Entry: 85.60 – 86.00

Stop-Loss: 86.90

Targets:

TP1: 84.80

TP2: 83.90

TP3: 82.80

Market structure on the lower timeframe remains bearish with a series of lower highs following the earlier breakdown. The recent bounce is corrective, not impulsive, and has run directly into a prior supply area. Momentum expanded into the level but failed to follow through, showing clear seller absorption. Buyers pushed price up, but could not reclaim structure or build acceptance above resistance. With liquidity resting below the range lows, probability favors a rotation back down as sellers regain control.

Click and Trade $SOL here 👇

SOL
SOLUSDT
84.47
-1.12%