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$SOL : The Rally is Losing Steam! 🐻
Solana’s recent spike looks overextended, and we’re seeing sellers starting to push back at key levels. 🛑 The flow feels heavy, and buyers aren't defending the recent gains comfortably. If the $87 resistance holds, we could see a smooth ride to the downside.
⚡ Short Setup:
• Entry Zone: 84.6 – 87.2 🔴
• Stop Loss: 91.0 🛡️
• Targets: 81.2 | 76.8 | 72.4 🎯
Why this move? On-chain activity shows
$SOL is struggling below its 50-period moving average, confirming the bearish trend. With market sentiment in "Extreme Fear," the pressure from supply is likely to outweigh demand.
Prediction: Current data suggests a high probability of Profit for this short trade, as long as SOL stays under the $89.35 resistance. If it breaks $81, the next stop is likely the $76 zone.
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