$SOL /USDT – Bearish Move Likely After Resistance Rejection
Trade Setup:
Entry Range: 121.50 – 122.50
Target 1: 119.50
Target 2: 117.00
Target 3: 115.50
Stop Loss (SL): 124.00
Analysis:
$SOL/USDT is currently showing signs of weakness after failing to sustain above the 125–126 resistance zone. The recent rejection indicates potential short-term bearish pressure, suggesting a downward move toward key support levels.
Short Outlook:
A break below 121.50 support could push SOL further down to 117–115. Traders may look for short entries on minor pullbacks toward 122–123 with SL above 124. Momentum will remain bearish unless price reclaims 125–126 convincingly.
