$SOL
/USDT BEARISH BREAKDOWN — MOMENTUM FADING FAST!
Solana has broken down sharply from the 158–160 support-turned-resistance zone, with strong bearish momentum pushing price as low as $140.21. The daily chart reflects back-to-back red candles with high sell volume, confirming selling pressure. The failed recovery attempt near $148.29 also validates weakness, and unless bulls reclaim control fast, a deeper retracement is on the cards.
Trade Setup: Short Entry: $144.50 – $145.50
Stop Loss: $149.20
Take Profit Targets: $140.00 / $137.80 / $134.60
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
$SOL is showing signs of a clear downtrend continuation after rejecting from major resistance and forming a lower high. Traders should be cautious of any fakeout bounces and look for confirmation around $140 — a breakdown below this level could invite further selling.
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buy and trade here on $SOL