$SOL Relief Bounce Near Resistance Short Still in Play

Solana is showing a classic daily downtrend structure the recent bounce from 1167 is a relief move not a reversal Price is now pushing into a strong supply zone 126129 where sellers historically dominate making this a highprobability short setup cointelegraphcom

Trade Setup Day Trade Shorts

Sell Zone 12650 12900

Targets

TP1 12280

TP2 11950

TP3 11680

Stop Loss 13250

Leverage 2040 risk 12

Why This Works

Price structure Lower highsweak upside continuation classic downtrend tradingviewcom

Supply zone 126129 aligns with multiple failed breakouts, providing strong resistance coindeskcom

Volume Moderate on the bounce not enough to sustain a bullish move indicates sellers still in control

Support Resistance Levels

Support Zones 121119 shortterm 117115 major demand

Resistance Zones 126129 (primary sell 130132 strong daily resistance

Thrilling Take

$SOL relief bounce hits the 126129 sell zone sellers in control Short opportunity with targets down to 1168 remains high probability Trade patiently respect risk and follow structure not emotions🚀

$SOL Solana Crypto ShortSetup

Not financial advice always DYOR manage risk