$SOL – Momentum Weakening as Price Tests Supply 🔥
Short Setup on Solana
Entry: 84.5 – 89.0
Stop Loss: 91.2
Targets:
• TP1: 79.8
• TP2: 75.6
• TP3: 71.9
Price is pushing into a key supply zone, but the move lacks efficiency. The climb is slow, with weakening momentum and less convincing follow-through a classic sign of exhaustion rather than strength.
Many traders interpret consolidation near highs as bullish control. In reality, it can signal the opposite: hesitation and underlying weakness.
Instead of a decisive breakout, this price action suggests absorption. Buyers are present, but they’re not in control of the market.
If this supply zone holds and transitions into resistance, downside momentum could build quickly as trapped buyers begin to exit.
Stay alert this is the kind of setup where false signals and traps are most likely.
