#MatrixFamily listen to me carefully… $SOL is facing strong rejection near resistance after a relief bounce and this is where smart money looks for short opportunities
Entry Range: 87.5 – 89.0
Stop Loss: 91.2
Targets:
TP1: 85.5
TP2: 83.8
TP3: 81.5
After a clean recovery from the lows around 83, price pushed into the 89 zone but failed to break and hold above it. We are now seeing rejection wicks and slowing bullish momentum, which is a classic sign of exhaustion near resistance.
The structure suggests a lower high formation compared to previous peaks, and if price continues to reject this zone, a move back toward the mid-range and previous support levels becomes highly likely. The idea is to short the weakness, not chase the move after breakdown.
Invalidation: A strong breakout and hold above 91.2 will invalidate this short setup and shift the structure back to bullish momentum