๐จ $SOL Slips Further โ Downtrend Accelerates ๐ป๐ฅ
Solana has pulled back to $161.40 (-4.71%) after repeatedly failing to clear the $165โ$166 resistance zone.
๐ The 15-min chart shows a clear series of lower highs, and recent price action broke below local support โ signaling that sellers are taking charge. With momentum leaning bearish, a move toward $159 seems likely.
๐ Trade Idea (Short Bias):
โข Entry Point: $161.50
โข Stop Loss: $164.20
โข TP1: $159.80
โข TP2: $158.00
โข TP3: $155.50
๐ If buyers canโt hold the $159 zone, Solana could extend losses. Keep an eye on volume and reaction at support.
