Professor_Michael
--
Bearish
$SOL USDT BEARISH BREAKDOWN โ NEXT LEG LOWER? ๐จ๐
Solana is showing weakness after failing to hold key resistance, signaling further downside ahead. The price is currently trading at $141.41, struggling to reclaim lost levels.
๐ Key Levels:
๐ด Resistance: $144.91 - $146.00
๐ข Support: $134.34, with a major level around $132.00
๐ป Trade Setup (SHORT ENTRY)
๐ฏ Entry: Below $142.00
๐ฏ Target 1: $134.34
๐ฏ Target 2: $132.00
๐ Stop Loss: $145.00
๐ Market Outlook:
Bears have taken control after a rejection from resistance. If price sustains below $142, further decline towards $134 - $132 is likely. A break above $146 would invalidate the bearish setup.
โ ๏ธ Risk Management:
Always risk only 1-2% per trade, stick to your plan, and avoid overleveraging.
๐ฅ If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze!
#CMEsolanaFutures
#BTCRebundsBack
#MemesNotSecurity
#SHELLAirdropOnBinance
Solana is showing weakness after failing to hold key resistance, signaling further downside ahead. The price is currently trading at $141.41, struggling to reclaim lost levels.
๐ Key Levels:
๐ด Resistance: $144.91 - $146.00
๐ข Support: $134.34, with a major level around $132.00
๐ป Trade Setup (SHORT ENTRY)
๐ฏ Entry: Below $142.00
๐ฏ Target 1: $134.34
๐ฏ Target 2: $132.00
๐ Stop Loss: $145.00
๐ Market Outlook:
Bears have taken control after a rejection from resistance. If price sustains below $142, further decline towards $134 - $132 is likely. A break above $146 would invalidate the bearish setup.
โ ๏ธ Risk Management:
Always risk only 1-2% per trade, stick to your plan, and avoid overleveraging.
๐ฅ If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze!
#CMEsolanaFutures
#BTCRebundsBack
#MemesNotSecurity
#SHELLAirdropOnBinance
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