$SOL/USDT Market Outlook
The daily and 4-hour trends remain firmly bearish, with price trading below all major EMAs. On the 1-hour chart, price is offering a clear short opportunity near the $124.04 level.
Bearish momentum is picking up, as the 15-minute RSI has slipped below 50, signaling the start of another selling wave. This provides the trigger to align with the prevailing downtrend, targeting a move toward the lower support zone.
Actionable Short Setup
Entry: Market entry between 123.681939 – 124.267252
Targets:
TP1: 122.766718
TP2: 122.346837
TP3: 121.521624
Stop Loss: 124.816251
Momentum is rolling over—this setup aims to capture the next downside leg in line with the dominant trend.
