📉 $SOL /USDT Market Breakdown – Is Momentum Fading?

Current Price: $164.65

24h Range: $171.73 (High) – $163.66 (Low)

Volume (24h): 2.76M SOL | $463.39M

Trend Bias: Weak short-term momentum with rising volatility

🔍 Market Insights:

SOL recently tested the $171 zone but failed to hold above it — indicating a potential double top pattern.

Support is seen at $163.50, which if broken, could trigger further correction toward $160–$158.

RSI is showing early signs of bearish divergence on the 4H chart.

Volume is slightly declining despite price pullbacks — a red flag for bulls.

📊 Trading Signal (Short-Term Swing Trade):

📈 Long Setup (If Bounce Confirmed):

Entry: $163.50 – $165

Stop Loss: Below $161.50

TP1: $169

TP2: $172.50

📉 Short Setup (If Breakdown):

Entry: Below $163.30

Stop Loss: Above $165.80

TP1: $160

TP2: $157

⚠️ Trading Plan Notes:

Avoid impulsive entries — wait for a candle close confirmation.

Ideal for intraday and 1D swing traders with moderate risk appetite.

Monitor BTC movement — SOL reacts heavily to BTC volatility.

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