$SOL /USDT – Bearish Retracement in Progress!
Momentum is showing a slight downturn as SOL/USDT trades at $146.81, down by 3.20%. After hitting a high of $152.35, the price is approaching key support near $145.51. A breakout to the downside could confirm further downward movement, potentially targeting $145.26 or lower levels. The trading volume suggests moderate selling pressure, with 24h volume in SOL at 1.92M and USDT at 285.22M.
Long Setup:
Entry Zone: Wait for stabilization near $146.34
Targets (T1, T2, T3): $148.50, $149.58, $150.66
Stop Loss: Below $145.26
Breakout Confirmation Level: $145.51, key support at $145.26
Pro Tip: Caution is advised as the market remains volatile; don’t rush entries.