$SOL /USDT – Breakdown Following Weak Rebound! ⚠️
Solana ($SOL) was rejected near the $153.89 level and has since dropped below major moving averages, breaking the $150 support zone with notable bearish pressure. The current price around $148.37 suggests sellers are in control.
📉 Short Trade Idea
Entry Range: $148.30 – $148.60
Take Profit 1: $147.20
Take Profit 2: $146.50
Stop Loss: Above $150.10
💡 Technical Insight:
The MACD shows strong bearish momentum with increasing red histogram bars, and the RSI is sitting in oversold territory at 20—indicating weakness rather than a reversal. If $149 fails to hold as support, a drop toward $146 seems likely. Price structure favors short-term bearish trades.