**Binance Square Alert: SOL in Focus**
A short opportunity has emerged for $SOL, with the price approaching a critical resistance zone.
Short Limit Plan:
Entry Zone: 128 - 126
Take Profit Targets:
šÆ TP1: 123
šÆ TP2: 120
šÆ TP3: 117
Stop Loss:
130
**Analysis**
ā¢ On 1D and H4 timeframes, the price is nearing a strong resistance level at 126-128.
ā¢ A bearish divergence appears on the H1 timeframe, indicating weakening buying power.
ā¢ Lower highs are consistently forming below 130, signaling bearish momentum.
The inability to break above 130 confirms that bears are gaining control. With fading momentum on H1 and m15, a correction towards lower liquidity pools at 120-117 is likely.
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