$SOL is pushing back into a key rejection zone where previous bounces have consistently failed and reversed.
$SOL - SHORT
Trade Plan:
Entry: 82.50 – 82.90
SL: 83.80
TP1: 81.60
TP2: 80.90
TP3: 79.20
Why this setup?
Price has sharply rebounded after a liquidity sweep near 79, but is now stalling just below resistance around 83. This area has acted as a ceiling multiple times on the 1H chart. The rejection wicks and slowing momentum suggest buyers are losing strength at this level.
The broader structure still leans bearish, and this move looks more like a relief bounce into resistance rather than a trend reversal. If price fails to break and hold above 83, downside continuation becomes likely.
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SOL
84.07
+2.23%