$SOL /USDT short trade signal 🚦🛑
BEARISH RETEST IN PLAY – WEAK BOUNCE AFTER BREAKDOWN!
$SOL is currently trading near $149.89 after failing to reclaim the $150.50–$151.00 zone. The price has dropped sharply from the $152.84 high and is now forming lower highs on the 30-minute chart. Despite a minor bounce off the $148.58 low, volume remains weak, indicating a potential continuation to the downside if $149.30 fails to hold.
TRADE SETUP (SHORT):
Entry Zone: $149.80 – $150.40
Target 1: $148.10
Target 2: $146.50
Stop Loss: $151.10
WHY SHORT?
After breaking below short-term support and testing $148.50, has shown only a weak bounce. Sellers are stepping in around $150.40, forming a lower high structure. A rejection near this zone signals a potential push toward deeper support around $146.50, especially if volume favors the sellers again.
RISK MANAGEMENT TIP:
Watch the $151.00 level — if $SOL closes above it with strong volume, exit the short. Always scale out profits as price nears support zones.
Sell smart — don’t chase green candles when the trend is turning red!
buy and tread here on