$SOL
USDT BEARISH REVERSAL – REJECTION AT SUPPLY ZONE SIGNALS STRONG DOWNSIDE MOVE
$SOL is facing strong resistance at the 144.00–145.00 supply zone, where price has consistently rejected. Currently trading around 141.15, the market shows signs of exhaustion after a corrective rally.
🔹 Key Levels:
Resistance: 144.00 – 145.00 zone
Support: 136.00 and major support at 127.70
Current Price: 141.15
🔻 Trade Setup (Short):
Entry Zone: 143.50 – 144.50
Targets (TP):
TP1: 136.50
TP2: 132.00
TP3: 127.70
Stop Loss (SL): 145.50
📊 Market Outlook:
Momentum indicates a possible lower high formation within this bearish structure. If price fails to break above the supply zone, expect continuation to retest lower supports near 127.70. Trend remains bearish below 145.50.
⚠️ Risk Management:
Maintain strict position sizing and SL discipline to protect capital against sudden volatility spikes.
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