$SOL USDT – REJECTION FROM LOCAL HIGH | BEARISH CONTINUATION SETUP

Price faced a sharp rejection near the 126.7 resistance zone and immediately shifted into a lower high structure, signaling weakening bullish momentum. The follow-through selling pressure suggests distribution at the top, with sellers stepping in aggressively after the failed push higher. As long as price remains below the rejection area, the next move is likely to extend toward lower support.

SHORT TRADE SETUP

Entry: 126.00 – 126.30

Target 1: 125.50

Target 2: 125.10

Stop Loss: 126.80

Market bias stays bearish unless price reclaims and holds above the recent high. Risk management remains essential in volatile conditions.

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SOLUSDT

Perp

124.02

-1.46%