$SOL Facing Selling Pressure at Resistance Zone – Continuing Downtrend Scenario

After the recent rebound, $SOL has shown signs of stalling as it approaches the key resistance area around 85.0 – 87.5. Selling pressure clearly appears in this zone, indicating that the bears still control the short-term and have not shown convincing breakout signals.
The fact that the price is repeatedly rejected at the resistance zone suggests this is a supply-heavy area. Without strong capital inflows to absorb the selling pressure, it is likely that $SOL will continue to correct in the short term.
📌 Trading plan for (Short):
⟶ Entry: 85.0 – 87.5
⛔ Stop Loss: 88.3
• Take Profit 1: 83.8
• Take Profit 2: 82.5
This strategy is suitable when the price continues to stay below the 88.3 level. If the price breaks above and closes stably above this level, the short-term downtrend scenario may be invalidated.
In the context of the overall market still experiencing volatility, capital management and adherence to stop-loss points are crucial factors. Traders should monitor price reactions at the support levels of 83.8 and 82.5 to assess the next momentum.
{spot}(SOLUSDT)