Solana is showing signs of compression below key resistance after failing to sustain above $147. With volume slightly declining and momentum cooling, a breakout decision is nearing. Expect volatility to kick in soon.
---
TECHNICAL BREAKDOWN:
Resistance: $147.50 – strong rejection zone
Support: $141.00 – last bounce level
Volume: Declining on lower highs – watch for divergence
RSI: Cooling near 48 – momentum flat
Structure: Bearish lower highs forming under resistance
Breakout Trigger: Close above $148 or breakdown under $140
---
TRADE SETUP: Short Entry: Below $140
SL: $147.80
TP1: $133.50
TP2: $128.00
Long Entry: Above $148.20
SL: $140.00
TP1: $153.00
TP2: $159.40
---
PRO TRADER INSIGHTS:
Liquidity clustering around $140–$141 zone—expect stop-hunts.
Ideal sniper entry: Wait for a fakeout and candle confirmation at edges.
Market is indecisive—play breakout or rejection cleanly with risk control.
---
SHORT OUTLOOK: Bearish below $140 – downside momentum could accelerate.
LONG OUTLOOK: Bullish above $148.20 with volume surge confirmation.
---
Buy and Trade Here👉$SOL
Trade at Your Own Risk
Like, Follow & Share Please