$SOL
/USDT ā SOLANA RETESTING SUPPORT! āļøš»
Solana is under short-term selling pressure after multiple rejection attempts near resistance. š
Price touched highs around the $158.00 zone, but bears took control, pulling price back to $155.33 (+1.54%), now retesting a key demand zone on the 15-minute chart. š
š KEY LEVELS TO WATCH:
Resistance Zone: $157.50 ā $158.00 š¼
Support Zone: $155.50 ā $154.48 š”ļø
If the support at $155.50 holds, a short-term bounce may occur. However, a breakdown below $154.48 can open doors for deeper retracement towards lower levels. Watch price action closely at these levels.
šÆ TRADE SETUP:
Short Entry Zone: $155.50 ā $155.70
Take Profit (TP): $154.50 ā $154.00
Stop Loss (SL): $156.30
Risk Management: Max risk 2% of wallet. Follow strict discipline.
š§ MARKET OUTLOOK:
Short-term bearish. Wait for confirmation at support levels. Patience is key to avoid false entries during high volatility. ā”
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