#solana $SOL Bears in Control — Eyeing a Breakdown Below $132
Trade Setup: Bearish Continuation
📉 Short Entry Zone:
$133.50 – $138.80
🎯 Take Profit Targets:
• TP1: $130.00
• TP2: $125.00
• TP3: $122.50
• TP4: $115.00
🔺 Stop Loss:
Above $147.20 (24h High)
Why This Setup?
• Bearish Momentum: Price rejected at $136.20, forming lower highs
• Bollinger Bands: Trading below the midline signals breakdown pressure
• RSI Divergence: Bearish divergence indicates weakening buying power
• Volume Surge: Over $423M — strong selling activity confirmed
Key Levels to Watch:
🔸 $132.00 — Immediate Support (24h Low)
🔸 $122.05 — Breakdown Target (Middle BB)
🔸 $136.20 — A break above this invalidates the short thesis