$SOL /USDT – BEARISH MOVE LOADING AFTER CLEAR SUPPLY ZONE REJECTION ⛔
$SOL has been rejected from the highlighted supply zone near the recent highs and is now trading below it, signaling exhaustion from buyers. The market structure on the 4H timeframe shows a failed continuation attempt and increasing selling pressure. As long as price remains below this resistance area, the next move is expected to favor the downside toward lower demand levels.
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📉 Trade Setup (SHORT)
Entry Zone:
122.5 – 124.5
Targets:
TP1: 119.0
TP2: 115.5
TP3: 112.0
Stop Loss:
131.5 (above supply & structure invalidation)
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🔍 Market Outlook
SOL remains bearish below the supply zone, and any short-term pullback into resistance is likely to attract sellers. A confirmed breakdown below 120 could accelerate bearish momentum toward deeper support zones. Bullish continuation will only be valid if price reclaims and sustains above 131 with strong volume.
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