🚨 $SOL /USDT: Sharp Drop After $180 - What's Next? 🚨
💰 Trading Signal: $SOL Collapses, Now at $169.63! The coin has lost 3.11% in the last 24 hours after hitting resistance at $180.52, sparking fears of further declines. Will it hold or collapse towards $140?
📊 Market Overview:
$SOL/USDT peaked at $180.52 but faced strong rejection, dropping to a fresh 24-hour low of $169.54. It is currently testing a critical support zone at $168-170. A break below $168 could open the doors for further declines towards $160 and even $140. However, if the bulls regain their strength, a reclaim of $175 and $180 could lead to a reversal towards $190 and beyond.
🔥 Key Levels to Watch:
🔻 Support: $168 → Breakout = $160 | $150 | $140
🔺 Resistance: $175 → Breakout = $180 | $190 | $200
📉/📈 Trade Setup:
💡 Entry: $169.60 (High Risk)
🎯 Upside Targets: $175 | $180 | $190
🎯 Downside Targets: $168 | $160 | $140
🛑 Stop Loss: $165
⚠️ Quick Tips:
🔍 A drop below $168 could accelerate losses to $140
📉 Failure to reclaim $175 signals further decline
💰 Monitor trading volume and trends$BTC