SOL Shorts🚀🎉🔥
Price was rejected cleanly from the weekly rejection zone at 249–252 and is struggling to hold minor intraday structure. The recent selloff pushed lower, and each retest into 246–249 is now behaving as supply.
The next liquidity area lies near 242.6; if that level breaks, the next target is the imbalance around 230.1. Until price reclaims the 249–252 block, the bias remains to the downside toward these liquidity pools.
Key drivers:
Weekly rejection block capped the advance
Intraday mitigation blocks printing lower highs
Liquidity resting beneath 242.6 acting as a magnet
Overall, the chart reflects displacement, mitigation, and continuation to the downside.
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