SOL – Sellers stacking up at key resistance, upside capped
Short $SOL
Entry: 122.5 – 123.2
SL: 125.6
TP: 120.80 – 120.20 – 119.30
SOLUSDT
Perp
123.21
+0.30%
On H1, SOL failed to reclaim the 123–124 resistance zone and is printing lower highs with clear rejection. RSI is oversold and MACD remains weak, showing fading bullish momentum. If this resistance continues to hold, price can slide toward 120.8 → 120.2 → 119.30
Invalidate if price closes above 125.6.