$SOL /USDT – Short-Term Bearish Setup
I'm seeing sellers maintaining control on SOL. Price has been making lower highs and lower lows, and the latest drop below the MA60 at 93.01 shows that short-term momentum is still leaning bearish.
SOL is currently trading around 92.59. There was a small bounce after price dipped toward 92.48, but buyers haven't shown enough strength to confirm a reversal.
Key levels I'm watching:
* Immediate resistance: 92.66
* Resistance zone: 92.83
* MA60 resistance: 93.01
* Recent support: 92.48
For me, the more attractive setup would be a weak recovery toward 92.66–92.83 followed by a clear rejection. I'd also like to see sellers remain active before considering continuation.
Trade idea:
📍 Entry: 92.66–92.83 (only after rejection) 🎯 TP1: 92.48 🎯 TP2: Not confirmed 🎯 TP3: Not confirmed 🛑 Invalidation: Sustained move above 93.01
If price reclaims 93.01, I'd step away from this bearish setup because buyers could be regaining short-term control.
My view: SOL is showing weakness, but after this sharp decline, I'm waiting for a proper retest rather than chasing the downside.
I'm seeing sellers maintaining control on SOL. Price has been making lower highs and lower lows, and the latest drop below the MA60 at 93.01 shows that short-term momentum is still leaning bearish.
SOL is currently trading around 92.59. There was a small bounce after price dipped toward 92.48, but buyers haven't shown enough strength to confirm a reversal.
Key levels I'm watching:
* Immediate resistance: 92.66
* Resistance zone: 92.83
* MA60 resistance: 93.01
* Recent support: 92.48
For me, the more attractive setup would be a weak recovery toward 92.66–92.83 followed by a clear rejection. I'd also like to see sellers remain active before considering continuation.
Trade idea:
📍 Entry: 92.66–92.83 (only after rejection) 🎯 TP1: 92.48 🎯 TP2: Not confirmed 🎯 TP3: Not confirmed 🛑 Invalidation: Sustained move above 93.01
If price reclaims 93.01, I'd step away from this bearish setup because buyers could be regaining short-term control.
My view: SOL is showing weakness, but after this sharp decline, I'm waiting for a proper retest rather than chasing the downside.