$SOL /USDT – Strong decline in the bearish trend on the 30-minute chart!
$SOL has sharply collapsed after failing to hold at the $160 level. After several lower highs, a decisive bearish candle pushed the price down to $155.18, confirming the bearish momentum. The volume is rising on the red candles, indicating continued selling pressure.
Market Overview:
Current Price: $155.18
24-Hour High: $163.64
24-Hour Low: $154.95
Price Change Today: -3.23%
Recent Trend: Failed rebound and continued collapse
Forecast:
If $SOL fails to recover above $157.50 soon, expect further decline towards the psychological support level of $150. Bears are in control in the short term. Day traders may watch for selling opportunities on any weak retracements to the $158-$160 range.
Risk Management Advice:
Sell only on confirmation with volume. Place a stop-loss above the last lower high (around $160+). Don’t guess — trade what you see, not what you hope for.
Don’t let this collapse pass you by — enter smartly, and exit richer!
Take advantage of the momentum before it fades — profits favor the brave!
Trade wisely on $SOL.
