CoinQuest
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$SOL /USDT Bearish Breakdown in Motion! 📉
$SOL has faced a strong rejection from its supply zone around $148.10, with aggressive selling pressure confirming a bearish shift. The price is now struggling to hold above $147.80, pointing toward a likely continuation lower if momentum persists.
🔻 Short Trade Setup
• Entry Zone: $147.30 – $147.50
• Target 1: $147.20
• Target 2: $146.80
• Stop Loss: $148.35
📌 Key Insight: Repeated rejection candles near resistance validate bearish intent. If price remains capped below $147.80, expect a move down toward the next demand area near $146.80. Keep an eye on BTC any sudden bullish reversal there could trigger a fake-out.
$SOL has faced a strong rejection from its supply zone around $148.10, with aggressive selling pressure confirming a bearish shift. The price is now struggling to hold above $147.80, pointing toward a likely continuation lower if momentum persists.
🔻 Short Trade Setup
• Entry Zone: $147.30 – $147.50
• Target 1: $147.20
• Target 2: $146.80
• Stop Loss: $148.35
📌 Key Insight: Repeated rejection candles near resistance validate bearish intent. If price remains capped below $147.80, expect a move down toward the next demand area near $146.80. Keep an eye on BTC any sudden bullish reversal there could trigger a fake-out.
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