SOL/USDT – Daily Chart | Long-Term Fibonacci Sell Setup

SOL has completed a strong bullish leg and is now reacting from the 0.236 Fibonacci retracement level at 188.63. A sell setup is developing based on this resistance zone and weakening momentum.

🔻 Trade Plan:

Sell Stop: 188.63

SL: 209.49

TP1: 176.93 (38.2% Fib)

TP2: 166.53 (50% Fib)

📉 RSI at 61.02 shows early signs of a bearish divergence. If price loses momentum at current levels, this setup could offer a solid retracement trade toward the mid-Fibonacci levels.

Watch for breakdown confirmation and manage risk accordingly.