🚨 $SOL TESTING KEY SUPPLY ZONE AS INSTITUTIONAL SELLERS DEFEND STRUCTURE! 🐻
Entry: 119.50 - 120.20 ⚡
Target: 117.74 - 116.25 📉
Stop Loss: 120.80 ⚠️
📌 The recent relief bounce off 116.25 is running directly into an established bearish supply block around 119.66. Smart money continues to print lower highs following the impulse down from 124.99, indicating this corrective push is merely filling overhead liquidity inefficiencies. 📊
💡 If institutional order flow rejects price inside the 119.50–120.20 window, expect downside continuation toward internal demand at 117.74 and 116.25. Acceptance above 120.70 invalidates the structural short thesis. 🔍 Are you positioning for a rejection at resistance or waiting for confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOL #Solana #ShortSetup #Crypto #TechnicalAnalysis
🔴 🐻
Entry: 119.50 - 120.20 ⚡
Target: 117.74 - 116.25 📉
Stop Loss: 120.80 ⚠️
📌 The recent relief bounce off 116.25 is running directly into an established bearish supply block around 119.66. Smart money continues to print lower highs following the impulse down from 124.99, indicating this corrective push is merely filling overhead liquidity inefficiencies. 📊
💡 If institutional order flow rejects price inside the 119.50–120.20 window, expect downside continuation toward internal demand at 117.74 and 116.25. Acceptance above 120.70 invalidates the structural short thesis. 🔍 Are you positioning for a rejection at resistance or waiting for confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOL #Solana #ShortSetup #Crypto #TechnicalAnalysis
🔴 🐻
