🚨 $SOL /USDT – Oversold Panic or Bounce Incoming? 🔻🔁

#Solana just plunged nearly -10%, now hovering at $143.97. Is the selloff overdone—or is $140 just the start of deeper lows? Let’s break it down 👇

📊 Market Overview

📍 Current Price: $143.97

📈 24h High: $160.64

❄️ 24h Low: $140.21

📊 Parabolic SAR: Bearish trend confirmed – sellers in control

📉 MACD Momentum:

DIF: Bearish

DEA: Sliding lower

MACD: Strong selling pressure, no sign of a bullish crossover yet

📈 SOL Trade Setup – Key Levels to Watch

🔹 Bullish Scenario (If SOL Holds Above $140):

Entry: Above $146

Targets: $153, $160, $168+

Stop-Loss: $138

🔹 Bearish Scenario (If SOL Breaks Below $138):

Entry: Below $138

Targets: $130, $122, $110

Stop-Loss: $146

🔍 Should You Hold or Exit?

✅ RSI(6) = 22.95 = Deep in oversold zone – watch for a bounce

⚠️ MA(7), MA(25), MA(99) are well above current price = bearish dominance

⚠️ High volume on the drop = panic-driven selling

💡 Pro Tip:

📌 Reclaiming $146 with strong volume could confirm a recovery wave

⚠️ Break below $138 might trigger a flush to $130 or lower

🛑 Don’t trade without a stop—volatility is extreme!

📢 Are you long, short, or waiting for confirmation? Let’s hear it below!

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$SOL

#SOL #Solana #Crypto #Write2Earn