🚨 $SOL USDT BEARISH DUMP – WILL $146 SUPPORT SAVE THE FALLING KNIFE?
$SOL is trading at $147.13, continuing its strong downtrend after rejection from the $150-$152 resistance zone. Bears are dominating with consistent lower highs and lows, forming a clear descending channel on the 15m timeframe.
🔑 Key Levels:
Resistance: $150.00 – $152.00
Support: $146.00 (immediate intraday support)
📊 Trade Setup:
Bias: Short (Bearish)
Entry Zone: $147.00 – $148.00
Take Profits:
TP1: $146.00
TP2: $144.50
Stop Loss: $149.50
📉 Short Market Outlook: SOL is showing continuous weakness with aggressive sellers below $149. If $146 fails to hold as support, further downside towards $142-$144 can be expected. Bulls need a reclaim above $150 to reverse this bearish momentum.
⚠️ Risk Management: Always use strict stop losses and risk only 1-2% per trade. Avoid over-leveraging in a strong trending market to protect your capital.
💡 Comment ‘🔥’ if you caught this SOL drop or want more sniper entries like this!
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buy and trade here on $SOL