🔻 $SOL TUMBLES TO CRITICAL SUPPORT – BEARS IN CONTROL! 🔻
$SOL/USDT just plunged to a fresh low of $160.13, now attempting to stabilize near $163.92, after a sharp 5.19% daily drop. With heavy selling pressure and a series of lower highs, Solana is teetering on the edge of a deeper breakdown.
📊 Current Price: $163.92
🔺 24h High: $173.46
🔻 24h Low: $160.13
📉 7-Day Drop: -8.62%
📉 180-Day Loss: -31.62%
📈 24h Volume: 3.03M SOL / 507.04M USDT
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📉 Bearish Momentum Alert: If price breaks below the $160.00 support level, we could see a fast slide toward:
🔻 Target 1: $154.00 – Next key demand zone
🔻 Target 2: $146.50 – Deep support from early May
🔻 Target 3: $139.00 – Major horizontal support
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⚠️ Caution for Traders: The trend remains bearish on the 4H chart. Sellers are dominant, and volume is rising on red candles. Use tight stop-losses and don’t catch falling knives without clear confirmation.
