BullishBanter
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$SOL SHORT TRADE SETUP – Targeting $142.70 & $138.00
#Solana is under pressure again after facing strong rejection at the $158.80 resistance zone. Price has dropped to $146.96, marking a -6.82% daily decline. The momentum has clearly shifted in favor of the bears.
With volume exceeding 3.50M SOL and USDT trading activity at $532M, this move is backed by strong sell-side interest. If sellers keep control below $150, we could see deeper downside in the coming sessions.
Trade Setup:
Entry Zone: Around $148.50
TP1: $132.70
TP2: $120.00 (Major support zone)
Stop-Loss: Above $158.80 (last rejection point)
Quick Recap:
Current Price: $146.96
24h High: $158.80
24h Low: $146.52
Downtrend Confirmation:
Volume Spike: 3.5M SOL
As long as SOL trades under $150, this bearish setup stays valid. Keep a close eye for breakdown continuation toward lower support zones. Use tight risk management — volatile moves ahead.
Buy and Trade here on $SOL
#Solana is under pressure again after facing strong rejection at the $158.80 resistance zone. Price has dropped to $146.96, marking a -6.82% daily decline. The momentum has clearly shifted in favor of the bears.
With volume exceeding 3.50M SOL and USDT trading activity at $532M, this move is backed by strong sell-side interest. If sellers keep control below $150, we could see deeper downside in the coming sessions.
Trade Setup:
Entry Zone: Around $148.50
TP1: $132.70
TP2: $120.00 (Major support zone)
Stop-Loss: Above $158.80 (last rejection point)
Quick Recap:
Current Price: $146.96
24h High: $158.80
24h Low: $146.52
Downtrend Confirmation:
Volume Spike: 3.5M SOL
As long as SOL trades under $150, this bearish setup stays valid. Keep a close eye for breakdown continuation toward lower support zones. Use tight risk management — volatile moves ahead.
Buy and Trade here on $SOL
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