$SOL /USDT BEARISH RETEST IN PLAY โ€” DOWNSIDE PRESSURE BUILDING ๐Ÿ”ป

Solana is struggling to reclaim bullish momentum after a rejection from $176.77, now trading at $167.71. Price action shows a lower high and failure to hold above $170 โ€” indicating sellers are stepping in. A breakdown below $166 could open deeper downside.

Key Levels:

Resistance: $170 โ€“ $176.77

Support: $166.20 โ€“ $159.44

Current Price: $167.71

Trade Setup (Short):

Entry: $167.5 โ€“ $169

TP 1: $166.20

TP 2: $162.50

TP 3: $159.50

SL: $171

Risk Management:

Always use a stop loss and follow 1โ€“2% capital risk per trade. Manage size near volatile levels and monitor candle closings on 4H for confirmation.

Play smart โ€“ donโ€™t fight the trend!

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