Possible short position setup on SOL

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I'm looking for a rebound at the above resistance level and could provide a good trading opportunity.

There is a large fair value gap at the same level, so if we respect the fair value and price rejects I'd expect to see price push all the way back down to previous lows.

BTC is currently also looking weak and volume declining, so will keep monitoring and if crypto market bias is looking short, then I'll take this entry.

For now I'm continuing to monitor

Penafian

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