SOL failed to hold $184.88, upward momentum is weak, and has fallen below the key support of $173.47, with bearish momentum significantly increasing.
Bearish Strategy:
Entry Range: $171.50 – $173.00
Target 1: $168.00
Target 2: $165.00
Stop Loss: Above $177.50
As long as the price remains below $174, the overall bearish trend still stands. It can be confirmed with changes in trading volume and candlestick patterns for the continuation of the bearish trend.