$SOL /USDT – BEARISH BREAKDOWN IMMINENT!

Solana is showing clear signs of weakness after failing to hold key resistance levels. With price currently at $158.23 (-3.42%), bearish pressure is building up for a potential further drop. Let's break it down

KEY LEVELS:

Resistance:

• $165.00 (Recent 24h High)

$163.00 (Major rejection zone)

• $160.00 (Minor resistance now)

Support:

• $157.60 (Current local support)

• $155.00 (Strong demand zone)

• $150.00 (Psychological support)

TRADE SETUP – SHORT ENTRY IDEA

> Entry: $158.00 – $159.00

Stop Loss: $161.50

Take Profit:

TP1: $155.00

TP2: $150.00

TP3: $145.00 (Extended target)

Bearish momentum confirmed on lower timeframes (15m, 1h). Failed bounce near $160 increases probability of continuation to the downside.

RISK MANAGEMENT:

Always use proper position sizing (1-2% risk per trade). Stick to your stop loss. Never chase trades. Let the setup come to you.

Market favors SHORTS on SOL/USDT until key resistance is reclaimed! Stay sharp!

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