$SOL /USDT – BEARISH PULLBACK STILL IN PLAY
After failing to sustain above $200, SOL faced strong selling pressure, dragging price towards $195 before attempting a minor recovery. Current consolidation under $198 suggests that bears are still active, and another push lower could occur if $195 breaks.
Trade Setup (Short):
Entry: $198 – $199
Take Profit 1: $195
Take Profit 2: $192
Stop Loss: $201.5
Market Outlook:
Momentum is weakening after the recent pump, with short-term charts showing lower highs. A close below $195 could trigger deeper downside, while bulls need a strong reclaim of $200 to regain control.