$SOL is under pressure after losing the 81.00 support area and sellers have been defending every bounce. The latest reaction came from the 80.00-80.20 zone, where buyers tried to step in, but the recovery lacked strength and was quickly sold into. On the 15m timeframe, the structure is still printing lower highs while volume on red candles remains elevated, showing that sellers are controlling the pace.
Entry Point
79.90 - 80.40
Target Point
TP1: 79.00
TP2: 78.00
TP3: 76.80
Stop Loss
81.30
This setup can work because SOL continues to trade below key intraday resistance while downside momentum remains intact. The recent candles show failed recovery attempts, increasing breakout pressure beneath support. If 80.00 breaks cleanly, liquidity below the range could accelerate the move toward lower targets as sellers maintain control and buyers struggle to build a meaningful base.