$SOL SHORT SETUP: REJECTION AT KEY RESISTANCE ๐
Price is showing weakness after a rejection from the upper resistance zone.
Entry: $86.5 โ $87.5 ๐ฅ
Target 1: $83.0 ๐ฏ
Target 2: $79.0 ๐ฏ
Target 3: $71.3 ๐ฏ
SL: $90.8 ๐ซ
$SOL faced strong rejection near the $90 resistance area after the recent move higher. The structure now suggests a potential lower high forming, indicating bullish momentum is fading. If the entry zone continues to act as resistance, the setup favors a downside move toward lower liquidity levels.
Disclaimer: Trading involves risk.
SOLUSDT
Perp
86.9
-3.73%