Here is your SOL/USDT technical analysis post:
$SOL USDT BEARS IN FULL CONTROL – SHORT CONTINUATION LIKELY
Solana has been in a consistent downtrend, breaking multiple supports with strong bearish candles. Current price is $149.11, just above the recent low of $148.40. Momentum remains bearish with no strong reversal signals on the 15m timeframe.
📊 TRADE SETUP (SHORT)
• Entry: 149 – 150
• Targets: 147.50 / 145.80 / 143.00
• Stop Loss: 151.20
💡 MARKET OUTLOOK:
SOL continues to form lower highs and lower lows, indicating bearish dominance. As long as it remains under the 151 resistance zone, expect further downside towards the $143 major support in coming sessions.
⚠️ Risk Management:
Use tight stop-loss and manage position sizing to protect capital, especially during trending markets.
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buy and trade here on $SOL
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