⚠️ $SOL /USDT Analysis – Freefall Alert! Bearish Momentum Increasing 🔻
SOL/USDT is experiencing heavy bearish pressure, dropping over 6% today alone and falling from a 24H high of $139.88 to a low of $127.18, now sitting at $127.29. The price is in a clear downtrend with no immediate sign of reversal yet.
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📉 Market Snapshot
Current Price: $127.29 USDT
24H High / Low: $139.88 / $127.18 USDT
24H Change: -6.07% ❌
Volume (24H): 2.79M SOL / 375M USDT
Order Book Sentiment: 59.94% Sell vs 40.06% Buy – Sellers are clearly in control.
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🔍 Technical Breakdown
Trend: Sharp downward movement with consecutive red candles – this is a capitulation phase.
Support Zone: $125.00 - $127.00 USDT (may see temporary bounce here)
Resistance Zone: $132.00 - $135.00 USDT (heavy rejection expected if price bounces)
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📈 Trading Strategy
Short-Term Traders: Avoid catching the falling knife. Wait for a clear reversal or a base formation above $127.
Potential Long Entry: Only consider re-entry if price forms a double bottom or bullish engulfing candle with volume support.
Stop-Loss: Below $125.00
Short Target (if shorting): $123 - $120
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📢 Final Verdict: Strong Bearish Trend – No Bull Run in Sight Yet
SOL/USDT is in full sell-off mode, with momentum showing no signs of slowing down yet. Only aggressive dip buyers may enter near $125, but it's risk-heavy. Most traders should stay cautious and wait for market stabilization before making entries.
🔻 Bear market confirmed for now – bulls need a miracle bounce to shift momentum.