š» $SOL /USDT ā Bearish Channel Breakdown!
Solana is trading at $151.18 (-2.34%) after breaking down from a clear descending channel. The rejection at the $153ā154 zone has confirmed continued bearish momentum.
š Trade Setup (SHORT):
Entry: $152.00 ā $153.00
Target: $146.63
Stop Loss: $154.20
š Technical Insight:
SOL respected the descending channel, followed by a strong breakout to the downside. Price is now forming lower lows and lower highs ā signaling more downside pressure ahead.