$SOL

usdt short trade setup

Current price :$151.87

$SOL is showing short-term weakness and struggling to maintain above $152.00. Recent price action shows exhaustion near major resistance zones.

Short Trade Setup

Entry Zone:

🔹 $151.50 – $154.00 (ideal short entry range near resistance)

Targets:

1. $147.00 – Initial support

2. $142.50 – Strong support and key level

3. $137.00 – Bearish extension target

Stop Loss:

🔺 Above $156.50 (strong invalidation zone)

Key Resistance Levels:

$154.00 – $156.50 (strong rejection zone)

$160.00 (macro resistance – breakout invalidates bearish setup)

Key Support Levels:

$147.00 (first bounce area)

$142.50 (critical support from previous consolidation)

$137.00 (swing low – full breakdown