$SOL USDT BEARISH REVERSAL LOOMING — LIQUIDITY GRAB ABOVE RESISTANCE SIGNALS SELL-OFF!
Solana just tapped into a key resistance zone around $147–148 and instantly rejected with strong bearish pressure. This could mark the start of a short-term correction after multiple failed attempts to break higher. Price has now entered a distribution phase, signaling a potential drop toward previous support levels.
📉 Trade Setup:
Entry Zone: $145.50 – $146.00
Take Profit 1: $140.00
Take Profit 2: $137.20
Stop Loss: $148.10
Margin: 2–3% of wallet
Leverage: 10x
📊 Market Outlook:
Momentum has shifted to the downside on the 1H timeframe. Multiple rejections from resistance with decreasing bullish volume hint at weakening buyers. If price loses the $143.50 support base, expect a quick flush to lower levels. Caution advised for longs above $147.
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buy and trade here on $SOL