$SOL
๐ SOL/USDT Technical Forecast โ Breakdown in Progress?
Solana just got rejected hard from the $195.50 supply zone, showing a textbook "very strong sell signal" right at resistance. Sellers stepped in aggressively, and price is now trading below the key $193โ$195.5 supply area.
๐ป Whatโs Happening:
Massive rejection wick from supply
Increased selling volume on the drop
Price broke below minor structure and is hovering around $191.9
Trendline support tested โ a breakdown could trigger further downside
๐ฏ Targets:
If price loses the current support area, next major demand lies near $187.34
Below that, we may test the larger zone around $186โ$185.50
๐ง Bias: Bearish until price breaks above $194 with strong volume.
This setup is ideal for scalpers & intraday swing traders looking to follow the momentum.
This is not financial advice. I will not responsible for any of your loss.
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