*โ ๏ธ Solana Slips: Is SOL Prepping for a Bounce or More Pain Ahead? ๐งจ๐*
โ
๐ *Current Snapshot:*
โข *Price:*146.30
โข *24H Drop:* -3.61%
โข *SOL broke below key short-term support (~150), triggering renewed sell pressure.*
โ
๐ป *Bearish Scenario:*
โข *Breakdown Trigger:* Loss of150 support, confirming lower-highs structure.
โข Next supports:
โ *142* (minor demand zone)
โ *135โ138* (major support from late May)
โข If BTC weakens,125โ130 could be on the radar.
โ
๐ *Trending Signals:*
๐จ Breakdown from ascending channel
๐ Bearish MACD crossover (4H chart)
๐ฅ Spike in volume = high volatility incoming
๐ง Whales may be waiting lower to reload
โ
๐ *Reversal Watch:*
โข *Bounce potential rises if142 holds* with a strong reclaim above 150
โข Look for *RSI divergence*, high-volume candle, or news catalyst
โ
๐ฏ *Upside Targets (on recovery):*
โ153
โ 160
โ172 (gap-fill)
โ
*TL;DR:*
SOL is showing short-term weakness, but volatility is high. Smart traders are watching the142โ$135 zone for a potential shakeout bounce. Stay alert, not emotional โก๐
#NFPWatch #TrumpVsMusk #BitcoinReserveDeadline #DYMBinanceHODL #MastercardStablecoinCards