🚨🔥 $SOL /USDT PLUNGES – BEARS TAKE CONTROL!
📌 Current Price: $137.69 (-14.73%)
📉 24H High: $161.75 | 24H Low: $136.06
Key Levels to Watch:
🔻 Support: $136 → A breakdown could push it towards $130
🔺 Resistance: $145 → A breakout may drive it up to $155
📉/📈 Trade Strategy:
💡 Position: Short at $137.5
🎯 Profit Targets: $132 | $128 | $120
🛑 Stop Loss: $145
Market Insights & Observations:
🔍 Heavy Selling Pressure: The market is witnessing increased sell-offs, adding to downside risk.
💰 Broader Market Correction: Overall weakness in the crypto sector is weighing on SOL’s price movement.
📉 Breakdown Warning: If the $136 support level fails, further downside is likely, with the potential to revisit $120.
Traders should remain cautious and monitor key price levels closely. Managing risk in volatile conditions is essential for long-term success. 🚀