$SOL TETHERUS SHOWS BEARISH PRESSURE BUILDING – BREAKDOWN LIKELY BELOW KEY SUPPORT
Immediate Explanation:
The current price action on $TETHERUS shows a steady decline from a recent high of 146.00, now trading at 134.71 with visible lower highs and lower lows forming. Price failed to hold above 136.47 (minor support), and the ongoing sell pressure around 134.70 signals increased bearish momentum. This structure indicates a likely continuation to the downside unless a strong reversal occurs soon.
🔻 Trade Setup (Short Bias):
Entry: 134.70
TP1: 132.00
TP2: 130.00
SL: 136.00
📉 Market Outlook:
Bearish sentiment remains dominant as buyers fail to defend key support zones. If price closes below 134.00 on volume, further downside toward 130.00 is probable. Caution for buyers — momentum remains weak unless a sharp recovery above 136.00 is seen.
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buy and trade here on $SOL