$SOL /USDT Bearish Opportunity
Breakdown Confirmed:
$SOL has broken down from the $153 support zone after facing rejection at $155-$156. A strong bearish candle confirms seller momentum, indicating potential further decline.
Trade Setup (Short):
- Entry: $151.78
- Target: $147.56
- Stop Loss: $154.02
Market Analysis:
The breakdown from the tight range with increasing bearish candles suggests short-term weakness. Unless bulls reclaim $153 with strength, lower levels are likely to be tested.
Trading Strategy:
Consider short trades, targeting $147.56, with a stop-loss at $154.02. Monitor price action and adjust strategy accordingly to capitalize on the potential drop.
