$SOL /USDT BEARISH PULLBACK – CRUCIAL SUPPORT ZONE UNDER PRESSURE!
$SOL is currently trading at $161.03, down -5.66% in the last 24 hours. After failing to hold above the $170 resistance zone, Solana is now slipping into a corrective phase. Price action on the 1H timeframe shows consistent lower highs, indicating weakening bullish momentum and potential for further downside unless it bounces strongly from the $160 level.
🔻 Trade Setup (SHORT):
Entry: $160.50 – $162.00
Targets: $157.50 / $154.00 / $149.00
Stop Loss: $165.00
📉 Market Outlook:
Volume has increased during the sell-off, confirming bearish control. The 1H structure shows a breakdown from an ascending channel with rejection at $170. If $160 fails to hold as support, we may see acceleration toward deeper lows. Only a recovery above $167.50 would invalidate this setup.
📌 Risk Management Tip:
Use trailing SL if already in profit, and re-enter only on clean breakdown retests.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
Bearish trend has started — trade the move, not the noise.
