$SOL /USDT based on the image:
🔻 SOL/USDT BEARISH BREAKDOWN — CHANNEL SUPPORT LOST!
Solana has broken below its descending channel after steadily bleeding from the $170+ zone. With price now under $153 and 7.4% down on the day, bearish momentum is accelerating. Sellers are in control, and continuation is likely if $152 fails to hold.
TRADE SETUP
Entry: $152 – $154
Take-Profit Targets: $148 / $144 / $138
Stop-Loss: $157
WHY SHORT?
The price action has respected a clean descending channel, with consistent lower highs and lower lows. A fresh breakdown below the lower boundary confirms weakness. No bullish reversal signal yet — volume supports the downside.
Risk Management Tip:
Always size your position based on stop-loss distance and stick to it — revenge trades kill portfolios.
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