$SOL / USDT STUCK IN DOWNTREND, BUT BUYERS MAY REACT AT SUPPORT!
$SOL has been in a consistent downtrend since hitting $187.57, with a clear rejection from the inverse head & shoulders breakout zone. Recent lower highs at $178.72 and $167.06 confirm the bearish structure. Price is now hovering near key support ($155–$157 zone), where bulls could attempt a short-term bounce.
Chart Breakdown:
• Inverse H&S pattern failed to hold above neckline
• Lower highs and clean bearish continuation
• Price now near a potential demand zone
Key Levels:
• Resistance: $157.80 – $160.00
• Support: $154.00 – $155.50
Trade Setup (Cautious Long Play): • Entry: $155.00 – $156.20 (near support)
• TP1: $159.50
• TP2: $162.80
• Stop-loss: Below $152.50
If bulls defend the $155 support, we may see a relief bounce but confirmation is key. Wait for strong volume or bullish engulfing candle before entry!
✅ Click "Bullish" if you're watching for the bounce, or "Bearish" if breakdown continues and add this chart to show the trend shift clearly!
