$SOL /USDT BEARISH DOWNTREND CONFIRMED — STRUGGLING TO HOLD $166 SUPPORT!
$SOL is trading at $166.35, down -2.48% on the day. The 15-minute chart shows consistent lower highs with aggressive sell-offs from the $174 level. Price has now touched the 24h low of $166.19, indicating strong bearish pressure with no immediate sign of reversal.
Trade Setup:
Entry (Short): $167 – $169
Targets: $162.50 / $158.00 / $152.80
Stop Loss: $171.50
Why Short?
SOL has failed to reclaim critical resistance and continues to break support levels. Bearish volume dominance and the recent rejection from $174 suggest momentum is with the sellers.
Risk Management Tip:
SOL can move fast. Stick to your stop-loss and consider partial take-profit zones for volatile moves.
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Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This dip isn’t done — position smartly and profit confidently!
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