Analysis and Recommendation

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$SOL /USDT - Setting up a short sell trade - Strong selling pressure

Timeframe: 15-minute chart

Market Structure: The price has dropped from a high of 194.16 and continues to form lower highs. Bears are pushing the price down towards the support area at 180.00 with heavy trading volume.

Entry Level:

Open a sell trade between 183.50 and 185.00 after a slight correction.

Stop Loss:

Above 194.50 to protect against sudden bullish reversals.

Target Points:

First Profit Target: 181.50

Second Profit Target: 180.00

Third Profit Target: 177.50

Trade Analysis:

The stock $SOL is under continuous bearish pressure after failing to hold above the 190+ level. Strong rejection and selling volume confirm the bearish momentum. Retracements to the 183.5-185 area provide good selling opportunities targeting deeper support levels.

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Sell and Buy from here

$SOL