$SOL /USDT BEARISH SLIDE CONTINUES — SELL PRESSURE SHOWING NO SIGNS OF EASING!
Solana has broken down sharply from the $144–$135 zone and is now trading near $124, only slightly above the recent low of $122.20. The 1H structure shows consistent lower highs and lower lows, confirming a strong downward trend. Buyers have failed to hold any meaningful bounce, indicating that momentum remains firmly in favor of sellers. Unless SOL reclaims the $131 level, the market is poised for further downside.
📉 TRADE SETUP (SHORT)
Entry: $126 – $128
TP1: $122.20
TP2: $119.50
TP3: $115.80
SL: $131.50
📊 MARKET OUTLOOK
SOL’s price action suggests continued weakness as bulls lack strength to form a reversal. A breakdown below $122 could trigger another wave of aggressive selling. However, if the price manages to reclaim $131, it may signal early signs of stabilization—but for now, the trend remains bearish.
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