SOLTraders

📉 $SOL /USDT – Pullback Deepens After Local High, Traders On Edge 📈

Solana ($SOL ) has dropped to $147.25 (-3.07%), extending its correction after peaking at $154.21 in the past 24 hours. The market is showing clear signs of a short-term bearish trend as price slips below the Parabolic SAR resistance.

Key Highlights:

24H High: $154.21

24H Low: $144.87

24H Volume: 4.17M SOL / $625.45M USDT

Current SAR Level: $148.52 (acting as resistance)

Technical Insight:
After a solid rally from $133.62 to $154.21, $SOL has failed to hold above $150 and is now under bearish pressure. The price is currently testing a minor support zone, with SAR dots above the candles signaling a continued downtrend.

Traders Watch:

Reclaim of $148.52 may open short-term bullish opportunities.

Breakdown below $144.87 could lead to a test of $141.77 and $137.29 next.

Pro Tip: Avoid long entries unless SOL reclaims $150 with strength. Monitor volume and SAR reversal signals for a safe reentry.


#SOLUSDT #SolanaUpdate #CryptoAnalysis #BinanceTrading #SOLTraders

🚨 $SOL /USDT – Steep Reversal After Topping at $143.25! Bears Push SOL Below $135 🚨

Solana is under pressure after failing to hold above the $143 resistance. The price has sharply dropped to $134.87 (-1.21%) with a local low of $133.82, reflecting aggressive short-term sell-offs on the 15-minute chart.

24H Overview:

High: $143.25

Low: $133.82

Volume: 4.35M SOL / $604.70M USDT

Technical Breakdown:
After a strong impulse toward $143, SOL faced multiple rejections and formed a descending structure with clear lower highs and lower lows. The breakdown below $137 triggered accelerated sell volume, confirming bearish control for now.

Trade Signal – SHORT SETUP IN ACTION:

Entry Zone: $135.50 – $137.00

Target 1: $132.50

Target 2: $130.00

Final Target: $127.40

Stop Loss: $139.40

Why Short Here?
Failed breakout at resistance, tight rejection candles, and clean bearish structure with rising selling volume create a high-probability short setup. Support break confirms momentum shift.

Risk Tip:
Monitor bounce attempts closely. If price reclaims $138 with strength, consider closing short or adjusting SL quickly.


#SOLUSDT #solana #BinanceTrade #CryptoShorts #SOLTraders

🚨 Important Update for $SOL Traders (SOLUSDT) 🚨

Major developments are on the horizon for Solana ($SOL ) as Grayscale’s SOL ETF decision looms. Scheduled for January 23rd, this announcement could significantly influence the token's trajectory. A positive verdict might pave the way for a rally, potentially challenging or surpassing Solana's previous all-time high (ATH). Conversely, a rejection could spark a price correction, making this a critical moment for market participants.

Adding to the anticipation, January 25th will bring announcements from four additional firms regarding their Solana ETF plans. These updates are expected to further shape $SOL 's market sentiment, creating an environment ripe with potential volatility.

As these dates approach, traders and investors are urged to stay informed and reassess their strategies to navigate the upcoming market movements effectively. Be prepared for significant shifts, and monitor $SOL closely during this pivotal period.

#Solana #CryptoNews #SOLTraders #MarketUpdate #CryptoETF