SOL/USDT — Short at Range Resistance, Structure Weakening

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SOL/USDT — Short at Range Resistance, Structure WeakeningSOLUSDT SPOTBYBIT:SOLUSDTQuantum-AlgoSOLUSDT Perpetual Context: SOL has been trapped in a wide range between 77 and 92 for the past month. Price rallied from 77 back to 91, pulled back, rallied again to 90 — and now each push higher is getting weaker. The current price at 84.33 just rejected from the mid-range zone and is starting to roll over. Why this setup works — three confluences: Double top rejection — price tagged the 90-91 zone twice and failed both times. The second attempt made a lower high (90 vs 91), which tells you buying pressure is fading with each push. Sellers are getting more aggressive at resistance Mid-range breakdown — the 85-86 zone that held as support during the consolidation is now being tested. If this level gives way, there's an air pocket below with minimal support until the 79-80 area Mirror pattern — the left side of the chart shows the exact same structure played out in early April. Rally into resistance, rejection, grind lower back to the range base. The chart is repeating the same cycle Entry at the current zone around 84.33. Trade management: Entry: 84.33 Stop Loss: 87.95 — above the mid-range resistance and recent structure TP1: 80.00 — previous demand zone, 50% off, stop to breakeven TP2: 78.86 — range low for 100% exit R:R: ~1:1.2 to TP1, ~1:1.5 to TP2. Clean risk with clear structure above to define invalidation. Invalidation: Close above 87.95 — the mid-range reclaims and the bearish structure breaks. The lesson: When price tests the same resistance twice and makes a lower high on the second attempt, the message is clear — buyers are losing conviction. The first rejection could be a fluke. The second rejection at a lower price is a pattern. Don't wait for a third confirmation that may never come. The lower high IS the confirmation. Short the weakness, protect above the structure, and let the range do the work. Signal fired. We took it. Update coming.