After the sharp daily dump, price is trying to stabilize near 100, but the higher- timeframe structure is still bearish. Unless SOL reclaims the breakdown area, rallies look like sell-the-bounce moves.
💥$SOL Short here👇
Entry: 101.0-103.5
SL: 108.5
TP1: 97.0 TP2: 92.5 TP3: 88.0
Bias flips bullish only if price holds above 109-110 on strong volume.#solana
🧠 Bias: Bearish 📊 Context: Corrective bounce, not a trend reversal #HYPE pushed into a well-defined resistance zone and failed to gain acceptance above it. Price is showing: ❌ Rejection on highs 📉 Momentum fading 🐻 Sellers stepping in aggressively Structure remains heavy, keeping this move classified as a corrective bounce rather than a bullish reversal. ━━━━━━━━━━━━━━━━━━ 📌 Trade SHORT $HYPE here👇
🔻 Market Bias: Bearish $RIVER is pushing up after a strong downside move, but this bounce is slow, weak, and lacks acceptance. Price is reacting into prior supply, with sellers absorbing bids and upside momentum clearly fading. Structure remains bearish → this looks like a corrective rally before continuation lower.
🔥📉 #WLFI SHORT SETUP — REJECTION AT SUPPLY, BEARS IN CONTROL 🐻🔥
🚨 Market Idea: Price pushed into a strong resistance zone but failed to hold above it. Rejection at highs + weakening momentum = sellers stepping in. As long as price stays below supply, downside remains favored.