$SOL

Hey Binance Square Fam! 🌟

You're seeing SOL challenge key support levels — the 4‑hour chart shows a lower low formation, hinting at a continuation of the downtrend. This aligns with a bearish outlook: if price slips below recent swing lows, more downside could follow. Many traders are eyeing the $140–$146 region closely.

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📉 Why It Matters

1. Weak trend confirmation: Failure to hold the small ascending range suggests SOL is losing short-term strength .

2. Trade signals: Some Square Family analysts recommend short entries near $152, targeting $145–$140, with stops above recent highs .

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🛠️ Trade Plan — Binance Square Style

📌 Bearish Breakdown Setup

Entry: Close a 4‑hour candle below $146

Stop‑Loss: Just above $152 to manage risk

Targets:

First: ~$140

Second: ~$135 (if momentum continues)

🔄 Potential Reversal Setup

If SOL finds support dramatically (e.g., at $140) and shows bullish signs (like a Golden Cross or volume spike), a bounce back toward $150–$155 could be possible. Keep a close eye on confirmation patterns like strong bullish candles or trendline reclaims.

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💡 Extra Context from Binance Square

Earlier analysis noted SOL at a “critical level” – hovering ~$150, stuck between moving averages and indecisive momentum .

A recent bullish post highlighted a Golden Cross above $150, signaling a possible swing back to **$160+** .

So, whether you're leaning bearish or bullish, confirmation is key. Don't chase price—wait for a clear break or validation candle.

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🧠 Friendly Binance Square Reminder

✅ Respect everyone—focus on ideas, not personalities.

✅ Share original insight—add your own chart or evidence.

✅ Avoid hype/pump-talk—stick to balanced analysis .

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📊 TL;DR for You

Scenario Entry Stop-Loss Target

Breakdown Trade Close < $146 > $152 $140 → $135

Bounce Trade Reclaim > $150 < $146 $155 → $160

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🎯 Final Thought

SOL is at a make-or-break moment. A clean break lower could accelerate losses—while a swift rebound may spark a recovery run. Keep it calm, logical, and always watch volume for the cues.

Let’s ride it together, Square Family! Stay sharp, trade smart, and feel free to drop your thoughts below. 💬