$SOL — the relief bounce is running straight into supply.
Price pushed back into a prior supply zone after a weak rebound and immediately lost momentum. Buyers aren’t getting follow-through, upside attempts are stalling quickly, and structure still favors sellers. This looks more like a corrective bounce than the start of a trend reversal.
As long as this zone continues to cap price, downside pressure remains intact.
Short $SOL
Entry: 122.5 – 125.5
Stop Loss: 130
Targets
TP1: 119.0
TP2: 114.5
TP3: 108.8
Patience is key here. Let price prove weakness at supply and allow continuation to the downside. Acceptance above the zone invalidates the setup.
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