$SOL /USDT – Liquidity Grab Setup | Sell Short at Blue Zone 📉$SOL
SOL is currently trading into a key resistance/supply area (blue drawn zone) after a strong intraday push. Market structure shows multiple CHoCH and BOS, but the recent move created a weak high, which increases the probability of a downside reaction once liquidity is taken.
Price is now approaching the blue resistance zone, which previously acted as a distribution area. This is a high-probability region for sellers to step in, especially if we see rejection or lower-timeframe confirmation.
🔻 Bias: Short from resistance
📌 Entry: Sell / Short when price taps the blue drawn zone
🎯 Targets:
First target: 122.80 – 122.40
Second target: Strong low liquidity zone near 121.80
🛑 Invalidation: Clean break and strong close above the blue zone
If price taps the blue area and shows rejection, CHoCH, or bearish candle confirmation, shorts are favored. Until that zone is broken with strength, the move up looks like a liquidity grab rather than continuation.#FedWatch #Mag7Earnings #Mag7Earnings