$SOL L — Price is compressing below range highs as sellers cap upside and value remains contested.

Short $SOL

Entry: 127.80 – 128.60

SL: 130.40

TP: 125.80 – 124.20

SOL rejected sharply from the 130 area, signaling active supply at the highs.

The bounce that followed lacked momentum, with price stalling back into prior value.

Subsequent attempts higher have been absorbed, keeping pressure on the downside.

Structure is weak while price holds below the range high and EMAs flatten.

Unless SOL reclaims and holds above 130.4, downside continuation toward range lows remains favored.

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SOL

127.35

+2.88%