$SOL
USDT BEARISH REVERSAL CONFIRMED AS BULLS LOSE CONTROL
Solana is trading at $150.25, showing strong bearish rejection after testing the $153 resistance zone, with a steep decline visible on the 15m chart indicating momentum shift.
🔑 Key Levels:
Resistance: $153.00 - $152.88 (24h high rejection zone)
Support: $147.70 (24h low and next strong demand zone)
Current Price: $150.25
📊 Trade Setup:
Entry: Short below $150.00 confirmation
Targets (TP):
TP1: $149.00
TP2: $148.20
TP3: $147.70
Stop Loss: $152.00
📈 Market Outlook: SOL showed a clean bullish rally earlier but faced heavy resistance near $153, creating consecutive bearish candles indicating seller dominance. If price breaks below $150 with volume, a deeper pullback towards $147.70 support is likely in short term.
⚠️ Risk Management:
Strictly risk 1-2% per trade
Avoid revenge trading; wait for breakdown retest entries for safer confirmation
💡 Professional traders act on confirmations, not emotions – plan your entry with precision.