$SOL / USDT – POTENTIAL DOWNTREND FORMING🔻

Looking at the 4-hour chart for $SOL/USDT, we observe a rejection from the local highs around $188, followed by a series of lower highs and lower lows. The price is currently at $178.31, with a recent breakdown below a potential support level (around $180). This suggests increasing sell pressure and a shift into a bearish phase in the short to medium term.

Key Observations from Chart:

* 24h High: $179.41

* 24h Low: $171.24

* Current Price: $178.31

* Trend: Appears to be forming lower highs and lows after a significant peak.

This structure indicates sellers gaining control. Traders should watch for potential further downside if current support levels fail to hold.

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