$SOL /USDT – BEARS DRIVE PRICE LOWER AS SOL LOSES MOMENTUM
Solana ($SOL) has slipped nearly 7% in the last 24 hours, dropping from the $204 high to around $188. The rejection at $200+ and sustained selling pressure indicate short-term bearish momentum, with sellers eyeing the $185–$186 support zone. If this level breaks, further downside toward $180 could unfold.
Trade Setup:
Entry (Short): $188 – $190
Target (TP): $185 – $180
Stop Loss (SL): $195
Market Outlook:
SOL remains in a corrective phase after its sharp rally, with $200 acting as a strong resistance. A daily close below $185 would signal more downside, while reclaiming $195–$200 could re-establish bullish momentum.
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