🚨 $SOL /USDT rejected hard off the 75-76 supply zone, failed to reclaim it on retest, and is now bleeding back down with back to back red 4H candles sitting right at 68.93 pinned under the dotted breakdown level acting as fresh resistance.
Price structure: defined range from ~60.10 to 76.00. Double top printed at 75-76, now rolling over with bearish momentum taking control of this leg.
Short Setup || Breakout Retest 📉
Entry Zone: 69.50 – 70.50
TP1: 68.00
TP2: 66.00
TP3: 64.50
SL: 72.50
Supply at 75-76 has been tested and rejected twice price is now breaking down through the consolidation shelf with the retest confirmed. Holding below 68.93 with any conviction puts the mid-range demand back in play as the next magnet.
Lower highs stacking since the 75.50 peak tell the full story bulls ran out of gas and sellers are stepping in heavy. While price remains capped under 72-73 the path of least resistance stays pointed south toward the 64-66 base zone that launched this entire move.
Click here 👉 $SOL 👈 to Trade.
