$SOL Market State: SOL has completed a strong 15-minute vertical expansion up to 69.87, pushing directly against the upper Bollinger Band ceiling (UP: 69.80). The momentum is heavily stretched on this minor timeframe, opening a prime window for a quick scalp short back to the mean.

$SOL Technical Update: Vertical Run Slams Into Upper Bollinger Band Resistance! 🐻⚡

According to Screenshot_20260620-032006.jpg, Solana ($SOL) has pushed up into a local high of 69.87. While the underlying trend has been strong, the 15-minute momentum is now severely stretched and riding the absolute edge of the upper band. Expect buyers to exhaust themselves here, paving the way for a quick mean-reversion drop.

Trading Plan: SHORT $SOL

Entry Range: $69.65 – $69.85

Stop Loss (SL): $70.25 (Safely above the psychological $70.00 layer)

Take Profit 1 (TP1): $69.25 (Middle Bollinger Band target)

Take Profit 2 (TP2): $68.70 (Lower Bollinger Band structural suppor#Fed adopts hawkish stance #Anthropic proposes AI deal with Trump admin #Indian crypto fraud exposed #XRP Ledger security upgrades