$SOL made a strong reaction from the 133.2 support zone, pushing up into the 134.6 resistance area, but the move lacked follow-through. After the spike, price stalled and started printing small candles near resistance, which shows buyers losing momentum rather than building a clean breakout. This type of structure usually signals distribution after a bounce, not trend continuation.
As long as SOL stays below 134.8–135.0, downside pressure remains active and a pullback toward lower support is likely. The idea here is to fade the failed push into resistance, not to catch a bottom. A clean break and hold above resistance would invalidate the setup.
Scalp Trade Plan
Short Setup
Entry Zone: 134.3 – 134.8
TP1: 133.5
TP2: 132.6
Stop Loss: 135.4
Leverage: 20x – 50x
Margin: 1% – 3%
Risk Tip: Book partial at TP1 and move stop-loss to entry to protect capital.
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SOLUSDT
Διην.
122.04
-3.90%