$SOL /USDT BEARISH SIGNAL – RETESTING LOWER RANGE SUPPORTS!
$SOL is facing sustained selling pressure, breaking below $160 and now hovering around the $154–$156 range. The recent rejection from the $164–$166 resistance zone shows weakness, and price is moving closer to key horizontal support. Volume suggests bears are still in control, and if $154 breaks decisively, the next leg could target the $148 and $142 zones.
Trade Setup (SHORT):
Entry Price: $154.50 – $156.00
Target 1: $149.00
Target 2: $144.00
Target 3: $138.00
Stop Loss: $160.80
Why Short?
After failing to reclaim the $164 resistance, SOL is forming lower highs with increasing sell volume on lower timeframes. Price action shows weakness, with a possible breakdown below $154 acting as confirmation for a deeper retrace toward historical support zones.
Risk Management Tip:
Only risk 2–3% of your capital. If price reclaims $161 on volume, exit — structure is invalidated. Trail SL as price hits each target.
Sell smart — don’t chase green candles when the trend is turning red!
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