$SOL is at strong support go for long it fail to break support 🚀
BEARISH REVERSAL ANALYSIS
Solana has shown clear rejection from the resistance zone near $200, indicating weakness and potential downside continuation. The price is forming lower highs on the chart, suggesting that sellers are regaining control after a failed breakout attempt. Momentum indicators are pointing downward, confirming bearish sentiment in the short term.
A sustained move below $186 could trigger further decline toward key support zones, making this a potential short setup for traders watching market structure breakdowns.
Targets (TP):
TP1: $182
TP2: $177
TP3: $171
Stop-Loss (SL): $192
Risk Management:
Use a 2%–3% position risk per trade and always apply proper risk/reward ratio to protect capital and ensure consistency.
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