$SOL /USDT – Short-Term Bearish Trend with Potential Rebound

$SOL is currently in a bearish leg, dropping from a 24h high of $198.07 to a low of $187.32. The price is currently at $189.14, showing a slight consolidation after the steep drop. This decline is a clear sign of seller dominance in the short term, but a bounce back toward key resistance levels is possible if momentum shifts.

Key Levels to Watch

* Immediate Support: $187.32 (24h low)

* Immediate Resistance: $192.00 – $194.00

* Next Bearish Target: $185.00 – $182.50 if support fails

Trade Setup

Bullish Reversal Play:

* Entry: Above $190.50 with a confirmed break and hold

* Stop Loss: Below $188.00

* Targets: $192.50 → $194.00

Bearish Continuation Play:

* Entry: Below $188.00 on a confirmed break

* Stop Loss: Above $190.50

* Targets: $186.00 → $184.00

Pro Tip: This is a high-risk trade. It's best to wait for a clear directional signal and volume confirmation before entering. A strong bounce off the $187.32 support could signal a short-term buying opportunity, while a decisive break below it would confirm further downside.