Solana is struggling after peaking at $195.89, sliding into a series of red candles with a -1.24% daily drop to $179.37, hovering just above the $177.32 low. The structure shows lower highs, signaling clear bear dominance.
🔻 Trade Setup (Short Idea)
Entry Zone: $179.00 – $180.50
Stop Loss: Above $182.00
Targets:
• TP1 → $177.00
• TP2 → $175.00
• TP3 → $172.00 (extended)
📊 Market Insight
Volume: 176,171.092 shows heavy selling pressure.
MA(5): 105,940.107 is above MA(10): 98,955.861 → bearish alignment.
Sentiment: X-trend data points to a downside bias. RSI hints at oversold levels, which may trigger minor bounces, but overall momentum favors the bears.
👉 As long as price holds below $182.00, bears remain in control, with the next support tests likely confirming deeper downside.
