Umarcrypto1

🔥 SOL/USDT TECHNICAL BREAKDOWN – WHAT’S NEXT?

Current Price: $184.23
24h Change: -6.94% 📉
Volume: 6.33M SOL
Timeframe: 15m Chart
Exchange: Binance
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📊 MARKET STRUCTURE

Solana recently peaked at $206.30 on July 23, but since then, it has been forming consistent lower highs and lower lows, clearly indicating a short-term bearish trend.

Price created a low at $179.21

Bounced from that level but failed to break $189.78

Now consolidating around the $184–$185 zone
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🛡️ STRONG SUPPORT ZONE: $179 – $180

This area previously showed strong buying interest

Long wicks and volume spikes confirm demand

If price retests this level and shows a bullish confirmation candle, it could present a buy opportunity
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📈 IMMEDIATE RESISTANCE LEVELS

1. $189.78 – Last rejection zone

2. $195.73 – Former support turned resistance

3. $201.69 – $206 – Major supply area
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📉 BEARISH SCENARIO (If support breaks)

If price closes below $179:

Next downside target would be $177.85, then $172 – $170

Look for volume confirmation and oversold RSI before considering shorts
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📌 TRADE IDEA (SCALPING)

Strategy: Support bounce play

Entry Zone: $179 – $180 (after bullish confirmation)

Stop Loss: Below $177

Targets:

TP1: $186

TP2: $189.5

TP3: $194 (trail stop-loss here)

$SOL

Risk-Reward Ratio: 1:2 or better
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🧠 FINAL THOUGHT

Solana is in a corrective phase, but the $179 zone is showing strong buyer defense. Smart traders wait for confirmation and avoid impulsive entries.

⚠️ Always use proper risk management.
This is not financial advice — Do Your Own Research (DYOR).
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🚨 UK Plans to Sell $6.7B in Seized Bitcoin to Cover Budget Deficit 🇬🇧💸

The UK government may sell 61,245 BTC (worth $7.2B) to help fix a £20B budget hole — a move sparking major backlash.

🔑 Key Takeaways:

💰 £5B in seized BTC could hit the market soon.

🧑‍💼 Plan led by Chancellor Rachel Reeves, with Treasury & Home Office.

🔁 Goes against global trend of governments holding BTC.

⚠️ Critics call it “short-sighted” — likened to Gordon Brown's gold sale blunder.

⚖️ Legal battles still ongoing over Bitcoin’s ownership.

🌍 While US & El Salvador HODL, UK looks to cash out.

🧠 Why It Matters:

Selling now could mean missing massive future gains if BTC rallies.
Is the UK trading long-term potential for short-term relief?
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$BTC

😂 "She’s worried about losing him to another girl… but he’s already committed — to the blockchain!" 🔗💔➡️💰
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