$SOL /USDT Bearish Breakdown – Pressure Intensifies Below $150! 📉
🔍 Market Overview:
Solana ($SOL) is showing signs of continued weakness, currently trading around $148.53, reflecting a -1.94% dip. After failing to regain control above the $152 resistance zone, the market leaned bearish, with price action drifting toward the daily low near $141.53, signaling that sellers are tightening their grip.
📊 Key Technical Zones:
🔼 Resistance: $150 – $152
🛡️ Support Levels: Minor – $146 | Major – $142
📍 Spot Price: $148.53
📉 Bearish Trade Idea:
Entry Zone: Between $148.50 – $150.00
Profit Target 1 (TP1): $146.00
Profit Target 2 (TP2): $142.00
Stop Loss (SL): $153.00
⚠️ Risk Strategy:
Limit exposure to 1-2% of total capital per trade. Stay disciplined with your stop-loss, and aim for a minimum 1:2 reward-to-risk ratio. Avoid impulsive decisions, especially in volatile conditions.
💣 The current trend lacks bullish strength—wait for confirmation before entering. Let the market come to you. 🧠📉
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