$SOL /USDT BEARISH SETUP โ Short Opportunity Ahead! ๐จ
$SOL/USDT is showing signs of a bearish breakdown after facing rejection at key resistance levels. The current price is $121.12 (-9.11%), signaling strong downward momentum. We're watching for a pullback to the resistance zone before entering a short trade for a high-probability setup.
๐ Key Levels:
๐ธ Resistance: $123.53 โ $132.07 (Major supply zone)
๐น Support: $121.08 (Current support) / $106.87 (Next major target)
๐ผ Trade Setup:
๐ Short Entry: Around $123.50 (on a pullback)
๐ฏ Target 1: $115.00
๐ฏ Target 2: $106.87
๐ Stop Loss: $132.07
๐ Market Insight:
Bearish trend remains strong, with lower highs and lower lows forming.
A rejection at $123.50 would confirm further downside.
Watch for increasing sell volume to strengthen the bearish setup.
โ ๏ธ Risk Management: Always use proper risk managementโavoid over-leveraging and risk no more than 1-2% of your trading capital.
