Technical analysis by tomas_jntx about Symbol SOL: Sell recommendation (9 hour ago)

Trend Check: SOL is continuing its slow bleed lower with no bullish MSB and a persistent downtrend. Structure has remained bearish with no demand being respected. Indicators: RSI: 42 (bearish zone) MACD: Bearish, deep cross with momentum growing Structure: Lower highs and lower lows define SOL’s movement. Failed retest of $155–$160 zone confirmed sellers still control the market. Position: Short bias Entry Idea: Short under $128 Stop: Above $134 Targets: $118 → $105 Reasoning: No structural shift, MACD and RSI agree with bearish momentum. Clean setup for continuation lower.