$SOL /USDT – Heavy Selling Pressure Signals More Downside Ahead! 🔥💯
Solana has plunged over 11% in the past 24 hours, showing strong bearish momentum. Multiple failed bounce attempts and rejection near $116 suggest sellers are firmly in control. The 15-minute chart forms a bearish flag, signaling potential continuation to the downside. Volume remains weak on recoveries, confirming lack of bullish strength.
Short Trade Setup:
Entry: $114.50
Target 1: $110.00
Target 2: $105.80
Final Target: $101.50
Stop Loss: $118.80
Given the steep decline and weak recovery structure, this short setup is well-positioned for traders. Clear resistance zones and a defined stop loss provide a controlled high-reward opportunity. If momentum continues, SOL could revisit sub-$105 levels quickly. Be prepared to manage risk as volatility remains elevated.