$SOL Relief Bounce Stalling at Supply 📉⚡
The recent relief bounce is meeting clear supply, with buyers failing to secure follow-through. Price has pushed back into a prior supply zone after a weak bounce and is now stalling.
Upside momentum is lacking and appears to be rolling over again, suggesting this move up is corrective, not a trend shift. As long as this supply area caps the price, downside continuation remains the favored scenario.
🎯 Short Entry Zone
Entry: 122.5 – 125.5
Stop-Loss: 130
🎯 Take-Profit Targets
TP1: 119.0
TP2: 114.5
TP3: 108.8
Trade $SOL here 👇
SOLUSDT
Perp.
117.7
-5.68%