$SOL
USDT BEARISH BREAKDOWN — STRUCTURE BROKEN, DOWNSIDE TARGETS IN SIGHT 🔻
$SOLUSDT has decisively broken the $162.00 support, confirming a bearish structure shift with clean rejection from the $164.00–$166.00 resistance zone. Price is now hovering around $159.32, and sellers are dominating the current momentum. A textbook breakdown-retest-dump pattern is in play.
🔍 Key Levels:
Resistance: $162.00 and $164.00
Support: $152.00 and $151.50
Current Price: $159.32
📉 Short Trade Setup:
Entry Zone: $159.50 – $160.70 (on small pullback)
Take Profit Targets:
• TP1: $154.00
• TP2: $152.00
• TP3: $151.50
Stop Loss: $161.20
📊 Market Outlook: After multiple failed attempts to break higher, SOL has flipped key support into resistance. The break below $162 has opened room for deeper downside, especially if volume continues to favor bears. Expect a continuation to the $152 zone unless bulls reclaim $162 swiftly.
⚠️ Risk Management: Use 2–3% of capital, keep leverage conservative (5–10x), and honor SL strictly. Let targets trail on momentum — avoid overexposure in case of volatility spikes.
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The floor gave way — ride the fall or risk being trapped in the bounce.
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