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$SOL is showing a clean intraday downtrend on the 15m timeframe, with consistent lower highs and sustained selling pressure. The rejection from the 90–93 zone confirms distribution at higher levels, and price is now drifting toward key support with weak recovery attempts.
Market Structure:
Lower highs + lower lows
Bearish impulse followed by weak consolidation
Volume supporting downside continuation
ENTRY ZONES:
Primary Entry (Short): 88.50 – 89.20
Breakdown Entry: Below 87.20
STOP LOSS:
90.50
TAKE PROFITS:
TP1: 86.50
TP2: 85.00
TP3: 82.50
LEVERAGE PLAN:
Safe: 3x – 6x
Aggressive: 8x – 12x
Trade Logic:
Trend-following short setup
Pullbacks into resistance offer optimal entries
Breakdown below 87.20 likely accelerates selling
Invalidation:
Reclaim above 90.50 shifts structure neutral
Confidence Level: 8.5/10
Bias: Bearish
Next Target: 85.00
$SOL