$SOL /USDT – Bearish Breakdown Confirmed

Summary:

$SOL encountered strong resistance around $146 and failed to hold above this level after a weak retest. The price is now trending downward with increasing selling pressure, suggesting a move toward the next demand zone.

Short Trade Setup

Entry Range: $145.00 – $146.00

Take Profit (TP): $138.20

Stop Loss (SL): $148.00

Market Outlook

Sellers are in control following the bulls’ failure to break above $146.

As long as price stays below $146, the outlook remains bearish.

Volume on downward moves is steady, supporting a move toward $138.

Current Price: $144.69 (Down 0.62%)

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