$SOL USDT has completed a strong upside impulse and is now showing clear exhaustion near the recent high around the 105–106 zone. Price failed to hold above this supply area and has started to roll over with consecutive lower highs on the intraday structure.
The current pullback is showing controlled bearish momentum, indicating distribution after the rally rather than continuation. As long as price remains below the recent rejection zone, downside continuation toward the prior demand levels remains the higher-probability scenario.
Trade Setup
Entry Range: 103.80 – 104.60
Target 1: 102.40
Target 2: 101.20
Target 3: 99.80
Stop Loss: 106.20
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