$SOL showing bearish continuation after failing to sustain above 86 and I’m seeing clear lower high formation on the 1H timeframe.
Price tapped 86.07 and since then structure shifted. Every bounce has been weaker and the latest impulse pushed price down to 79.63 liquidity. The small reaction from 79.63 is weak and corrective. Sellers are pressing consistently.
I’m treating this as a short continuation setup unless 83+ is reclaimed.
Market Read
I’m seeing strong rejection from 82.5–83 supply zone.
Lower highs clearly visible on 1H.
Momentum expands on downside candles.
No strong bullish engulfi