#SOL | Where Impulses End — 2.0 Fibo Short

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#SOL | Where Impulses End — 2.0 Fibo ShortSOLUSDT Perpetual ContractBYBIT:SOLUSDT.PchiefdanielsSOLUSDT.P Price has reached a key resistance zone, formed by: 2.0 Fibonacci extension Previous highs Liquidity taken above the highs This area represents a logical distribution zone, where sellers have previously stepped in. Entry: on reaction at the 2.0 Fibonacci extension Trade only with confirmation: Momentum slowing Failure to make a new high Weakness on lower timeframes Stop is placed above the Fibonacci extension zone, beyond the extreme protected against false breakouts and liquidity grabs. Targets TP1: Return to local structure / 1.272–1.414 Fibonacci TP2: 87.6 – 88.0 — key level + structure retest TP3 (extension): 84.3 – 85.0 — lower channel boundary & demand zone Context; Upside impulse already delivered Price is trading in premium / overextended area Short offers favorable asymmetric risk-to-reward