$SOL is attempting a short-term recovery but remains capped under significant trend resistance. 📉 Despite a strong bounce from $112.1 forming a local higher low, the price trades below the 1H EMA99. Current structure suggests a corrective rebound into resistance, not a full trend reversal.

Our bearish bias persists. We see current rallies as potential opportunities for short positions, offering a favorable risk-to-reward ratio.

🎯 Entry zone: SHORT $119.0 – $121.0

TP1 $115.5
TP2 $112.8
TP3 $108.5

🛑 SL $124.5

The bearish outlook remains valid unless $SOL reclaims and sustains above the EMA99 with notable volume. Prioritizing selling rallies over chasing longs is recommended.

#SOL #SOLUSDT #Correction

Trade $SOL 👇
(SOLUSDT)