$SOL Rejects Resistance – Bearish Setup Confirmed


Solana is trading at $162.58 after facing strong resistance near the $164.50 level. The price formed a double top and broke below local support, signaling bearish momentum. If this breakdown holds, SOL is likely to test the $159.50 support area in the short term.


Trade Setup:

Short Entry: $162.88

Target: $159.51

Stop Loss: $164.59

#SOL #Solana #CryptoSignals #BearishSetup #AltcoinWatch

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August 06, 2025 at 1:00 AM
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