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$SOL USDT (1h) - Aggressive Breakdown & Bearish Continuation
Bias: Short
Entry (Zone): 163.50 – 165.50
Targets:
TP1: 160.00
TP2: 157.00
TP3: 154.00
Stop Loss: 168.20
Why this Setup:
I’m leaning short after a powerful, high-volume breakdown candle flushed the price out of its upper consolidation zone, pushing it down to a local low of 161.01. The immediate relief response has been weak and low-volume, failing to reclaim the previous support level which is now acting as solid overhead resistance. With the overall 1-hour momentum strongly shifted back into the hands of the sellers, I expect a rejection from this minor retracement to trigger a continuation move down to test and break below the 161.01 level.
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