$SOL IS SHOWING SIGNS OF EXHAUSTION AT KEY RESISTANCE 📉
Entry: 69.4 - 70.8 🔥
Target: 68.2, 67.0, 65.5 🚀
Stop Loss: 73.1 ⚠️
The price action on $SOL is currently struggling to maintain momentum above the 70.0 level. We are seeing a clean rejection from the recent local high, suggesting that the supply side is gaining control as liquidity is pulled from the order book.
The structure remains bearish as long as the 73.1 level holds as resistance. A failure to reclaim this range will likely lead to a test of the lower liquidity pools. Are you looking to short this breakdown or waiting for a confirmed retest?
Not financial advice. Always manage your risk.
#SOL #ShortSetup #MarketStructure #Crypto
🎯
Entry: 69.4 - 70.8 🔥
Target: 68.2, 67.0, 65.5 🚀
Stop Loss: 73.1 ⚠️
The price action on $SOL is currently struggling to maintain momentum above the 70.0 level. We are seeing a clean rejection from the recent local high, suggesting that the supply side is gaining control as liquidity is pulled from the order book.
The structure remains bearish as long as the 73.1 level holds as resistance. A failure to reclaim this range will likely lead to a test of the lower liquidity pools. Are you looking to short this breakdown or waiting for a confirmed retest?
Not financial advice. Always manage your risk.
#SOL #ShortSetup #MarketStructure #Crypto
🎯