$SOL attempted a recovery but faced rejection near the 129–130 resistance zone. Price failed to sustain above this level and has moved back into a tight range around 127–128, showing slowing momentum and buyer hesitation.

Structure remains neutral to slightly bearish in the short term. As long as $SOL stays below the rejected supply zone, downside continuation or range expansion to the lower support remains likely before any bullish continuation.

Trade Setup (SHORT – Range Rejection)

Entry: 128.8 – 129.8

Target 1: 126.8

Target 2: 125.5

Target 3: 124.2

Stop Loss: 130.8

Click below to take the trade

SOL

127.36

-0.57%