🚨
$SOL SHORT ALERT 🚨
Solana is flashing a clear short-term sell signal after failing to hold above a key resistance zone. Price was climbing with a clean ascending trendline, but that structure has now broken decisively, and sellers stepped in with strong momentum. This is not a random pullback, this is a technical breakdown.
On the 1H chart,
@soL faced heavy rejection near the 124.8–125 zone, which acted as a strong supply area. Once price lost the trendline support, panic selling kicked in and bullish structure collapsed. This shift shows buyers are exhausted, while bears are in control.
Adding more weight to this setup, macro pressure remains high. Recent US GDP and Jobs data are keeping markets cautious. Risk assets are struggling, and
#SOL is reacting faster than most alts. Volume on the breakdown confirms this move is backed by real selling, not just noise.
📌 Trade Plan
🛑 Entry: Market price
🎯 TP 1: 121
🎯 TP 2: 120
❌ Stop Loss: 125
This is a momentum short, not a long-term call. Manage risk properly and avoid over-leverage. If 120 breaks with volume, further downside can open quickly.
Trade smart. Protect capital.
$SOL #SOLShort $RVV