$SOL / USDT – MAJOR BREAKDOWN AS BULLS LOSE GRIP 🔻
Solana tumbles -8.68%, now trading at $146.29 after failing to sustain above key moving averages. The price has pierced through the 7 and 25 MAs and is testing the 99-day MA at $145 — a critical last line of support in this structure.
📉 Technical Snapshot:
Current Price: $146.29
24H Range: $140.21 – $160.46
MA(7): $155.48 – lost
MA(25): $162.16 – strong resistance now
MA(99): $145.06 – currently holding
Volume: 5.54M SOL
📊 Trading Plan (Caution Mode):
• Entry: $145 – $147
• TP1: $152
• TP2: $158
• SL: $139.50
If the 99 MA fails to hold, SOL could accelerate toward $137 and below. Bulls must defend this zone aggressively or risk deeper losses.
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