$SOL /USDT – Bearish Momentum Near Support! Watch the Breakdown Zone
#Solana is under pressure today with a -5.00% dip, trading at $168.16 after rejecting from the $178.33 high. Volume remains strong at 523.18M USDT, but price action is signaling potential further downside unless key support holds.
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SOL/USDT Trading Data:
Current Price: $168.16
24h High: $178.33
24h Low: $166.98
24h Volume (SOL): 3.02M
24h Volume (USDT): 523.18M
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Bearish Setup – Breakdown Threat Below $166.98
Short Entry Zone: $168 – $172
TP1: $162
TP2: $157
Stop-Loss: $177.90
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Bullish Bounce Scenario – If $166 Holds:
Long Entry Zone: $166.50 – $168.50 (only on strong bounce + volume)
TP1: $174
TP2: $178
Stop-Loss: $164
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Market Outlook:
Solana is showing bearish divergence with lower highs and strong sell pressure near resistance. If the $166.98 support fails, a breakdown toward $157 is likely. Bulls need strong buyback with volume to reclaim momentum.
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Pro Tip: Use confirmation on 4h candle closes around $166–$168 before committing. Avoid chasing volatility—wait for confirmation at key levels.
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Are you watching the $166 support for a bounce or short setup? Drop your take and follow for more precision trade zones!
buy And Trade Here On $SOL