🔴 Bearish Trend Alert – Weak Bounce, Lower Highs in Play! 🔻
just couldn’t hold the $154 support and tanked hard to $141.53 before trying a weak bounce. Now hovering around $144.24, it’s struggling near $146.50 resistance — and that’s a red flag for bulls. The lower high forming on the 15-min chart? Even worse.
📉 Trade Idea: SHORT $SOL
🔹 Entry Zone: $144.80 – $146.50
🎯 Target 1: $141.00
🎯 Target 2: $137.20
🛑 Stop Loss: $147.80
🧠 Why Short Now?
The bounce feels tired. Price action is sluggish, and volume isn’t backing the bulls. Rejections near $146.50 are showing sellers are stepping back in. If we drop under $143 again — lights out — expect a fast slide toward recent lows. 🕳️
🛡️ Risk Tip:
Avoid chasing price. Wait for clear rejections in the entry zone. Keep stop-loss tight just above the recent highs. Let the trade come to you.
🔥 Don’t chase green candles in a red trend. Trade smart. Trade with confidence.
#SOL #Solana #CryptoAnalysis #BearishSignal #TradingSetup