🚨 $SOL /USDT – Steep Reversal After Topping at $143.25! Bears Push SOL Below $135 🚨
Solana is under pressure after failing to hold above the $143 resistance. The price has sharply dropped to $134.87 (-1.21%) with a local low of $133.82, reflecting aggressive short-term sell-offs on the 15-minute chart.
24H Overview:
High: $143.25
Low: $133.82
Volume: 4.35M SOL / $604.70M USDT
Technical Breakdown:
After a strong impulse toward $143, SOL faced multiple rejections and formed a descending structure with clear lower highs and lower lows. The breakdown below $137 triggered accelerated sell volume, confirming bearish control for now.
Trade Signal – SHORT SETUP IN ACTION:
Entry Zone: $135.50 – $137.00
Target 1: $132.50
Target 2: $130.00
Final Target: $127.40
Stop Loss: $139.40
Why Short Here?
Failed breakout at resistance, tight rejection candles, and clean bearish structure with rising selling volume create a high-probability short setup. Support break confirms momentum shift.
Risk Tip:
Monitor bounce attempts closely. If price reclaims $138 with strength, consider closing short or adjusting SL quickly.