$SOL TESTING RESISTANCE WALL — SHORT ENTRY OPP 📉
SOL/USDT — SHORT (SELL)
Entry: 118.90 – 119.50 (Current: ~119.13)
Target: 117.38
Technical Rationale
Resistance Ceiling
Price is retesting heavy overhead resistance near the 119.77 – 119.99 local highs, printing upper wicks as buying momentum stalls.
Volume Exhaustion
Hourly buying volume is tapering off near the top, signaling potential buyer exhaustion and a higher probability for short-term profit-taking.
#sol
SOL/USDT — SHORT (SELL)
Entry: 118.90 – 119.50 (Current: ~119.13)
Target: 117.38
Technical Rationale
Resistance Ceiling
Price is retesting heavy overhead resistance near the 119.77 – 119.99 local highs, printing upper wicks as buying momentum stalls.
Volume Exhaustion
Hourly buying volume is tapering off near the top, signaling potential buyer exhaustion and a higher probability for short-term profit-taking.
#sol
