$SOL
USDT BEARISH SETUP – SELLERS READY TO PUSH PRICE DOWN FURTHER 🚨
🔻 Explanation:
$SOL is struggling below key resistance levels and failing to hold its minor support zone near 148.02. The market structure shows clear lower highs, indicating strong bearish pressure.
🔑 Key Levels:
Resistance: 149.50 – 150.00
Support: 141.95 (next potential target)
Current Price: 147.02
🎯 Trade Setup (Short):
Entry Zone: 147.50 – 148.00
Take Profit (TP): 142.00 – 141.95
Stop Loss (SL): 149.50
📉 Market Outlook:
Momentum remains bearish with consistent rejection from resistance and weak buying attempts. If price sustains below 148.00, expect accelerated downside movement towards 142.00.
⚠️ Risk Management:
Use strict position sizing to keep total risk under 1-2% of account balance. Wait for clean rejection before entering short to avoid fakeouts.
#SOL #CryptoTrading #BearishSetup #TradingSignals #RiskManagement
buy and trade here on $SOL