$SOL pressing back into resistance after the bounce , momentum looks stretched.
Trading Plan: SHORT $SOL
Entry: 85.5 – 88.5
SL: 92.5
TP1: 82.0
TP2: 77.5
TP3: 72.0
The move up feels corrective rather than impulsive. Buyers pushed it higher but couldn’t generate strong expansion, and the tape is starting to stall near supply. Highs are getting sold into instead of breaking cleanly. If this zone keeps rejecting, rotation back into lower liquidity is the higher probability play.
Trading Plan: SHORT $SOL
Entry: 85.5 – 88.5
SL: 92.5
TP1: 82.0
TP2: 77.5
TP3: 72.0
The move up feels corrective rather than impulsive. Buyers pushed it higher but couldn’t generate strong expansion, and the tape is starting to stall near supply. Highs are getting sold into instead of breaking cleanly. If this zone keeps rejecting, rotation back into lower liquidity is the higher probability play.