#$SOL USDT BEARISH BREAKDOWN – NEXT LEG LOWER? 🚨📉
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.
📌 Key Levels:
🔴 Resistance: $144.91 - $146.00
🟢 Support: $134.34, with a major level around $132.00
🔻 Trade Setup (SHORT ENTRY)
🎯 Entry: Below $142.00
🎯 Target 1: $134.34
🎯 Target 2: $132.00
🛑 Stop Loss: $145.00
📊 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.
⚠️ Risk Management:
Always risk only 1-2% per trade, stick to your plan, and avoid overleveraging.
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