SOLUSD Short Setup – 15 Min Chart Analysis

Solana recently made a strong upward move but faced rejection near the $175 zone. After forming a lower high and breaking structure, it has entered a corrective phase.

Currently, a potential short opportunity is shaping up as the price retests the previous support-turned-resistance near $171.20. The bearish engulfing structure and lower time frame weakness suggest downside momentum may resume.

📌 Entry: ~$171.24
📉 Target Zone: $167.38 to $157.24
🛑 Stop Loss: $174.84 (above recent swing high)
🧮 Risk-Reward: Favorable setup with a clean structure

If the price fails to reclaim the $172.50–$173.00 zone, we could see a continuation toward the lower support levels. Keep an eye on price action confirmation before execution.