🚨 Solana (SOL/USDT) Breaks Down — Bearish Momentum Builds! 🚨
🔻 SOL/USDT BEARISH BREAKOUT: Channel Support Shattered!
Solana ($SOL) has officially lost its footing within the descending channel it’s been stuck in since peaking above $170. Now trading below $153, SOL is down 7.4% on the day, and the sellers are gaining serious control. With no bullish signals in sight, a deeper move is likely if $152 support breaks.
📉 TRADE SETUP: Bearish Opportunity in Play
Entry Zone: $152 – $154
Target 1: $148
Target 2: $144
Target 3: $138
Stop-Loss: $157
💡 Why Go Short on $SOL?
Price action remains trapped in a clear downtrend — consistent lower highs and lower lows.
The recent breakdown confirms bearish continuation, with volume supporting the move.
No bullish divergence or reversal signals detected — this trend has legs.
⚠️ Pro Risk Management Tip:
Always calculate your position size based on your stop-loss range. Don’t chase losses — revenge trading ruins portfolios.
📊 Current Price: $154.34
🔻 Daily Drop: -6.44%
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