SOL/USDT Trade Setup 🚀
🔹 Market Overview:
Solana (SOL) is currently trading at $163.51, showing a 4.11% decline. The price is trending downward and approaching a key support zone around $160.77.
📊 Trade Plan:
🔵 Bullish Scenario (Reversal Play)
If SOL holds above $160.77 and shows signs of buying pressure, we could see a bounce.
Entry: $161 - $163 (Confirmation required)
Target 1: $165.74
Target 2: $167.03
Stop Loss: $159.50
🔴 Bearish Scenario (Breakdown Play)
If SOL breaks below $160.50, expect further downside.
Entry: Below $160.50 (After breakdown confirmation)
Target 1: $159.00
Target 2: $157.50
Stop Loss: $164.00
📢 Pro Tip:
🔸 Wait for volume confirmation before entering a trade.
🔸 Use a stop loss to protect capital.
🔸 Follow the trend—don't force trades!
