$SOL showing rejection from local highs with momentum turning bearish.


Sellers in control as structure breaks down on lower timeframes.

EP
84.50 - 85.20

TP
TP1 83.50
TP2 82.00
TP3 80.00

SL
86.50

Liquidity above 86 was swept before a sharp sell-off, confirming distribution. Weak bounce attempts and continued lower highs suggest downside continuation unless price reclaims the broken structure.

Let’s go $SOL ‌
SOL5,11%
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GateUser-bf5d0c14
· 4h ago
Entrance zone 84.5-85.2 I will wait for a pullback confirmation before following, don't chase.
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BridgeUnderTheMoonlight
· 4h ago
This rejection is quite obvious; after sweeping above 86, it drops sharply, almost like a distribution.
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GateUser-0f33f9ef
· 5h ago
If we can quickly recover and stabilize above 85, short positions need to be cautious of being squeezed.
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DaoScraps
· 5h ago
TP1 83.5 feels very easy to reach, the key is whether 82 can hold up.
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DegenWithNotebook
· 5h ago
SL at 86.5 is okay, but the volatility is high. Managing the position size makes it more stable.
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MintConditionHuman
· 5h ago
A breakdown structure + continuous lower highs, this kind of trend is more comfortable without rushing for a rebound.
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QuietAirdropper
· 5h ago
After removing the liquidity flow of 86, it directly weakens, which indeed matches what you said about distribution, and the bearish rhythm is more in sync.
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