$SOL Bear Trap: Downtrend Deepening or Reversal Looming?

$SOL is under pressure with a -0.46% dip, sliding from 210.00 to 200.95 on the 1D chart, showing lower highs and weakening momentum in this Layer 1 giant. Bearish candles dominate as volume remains high but sellers control.

Trade Setup (Short)

• Entry Zone: $203 – $205

• Stop Loss: Above $208

• TP1: $200

• TP2: $195

• TP3: $190 (extended target)

Market Insight:

4.16M SOL traded amid 852.65M USD volume, but the downtrend persists below 210. If it fails to hold 200.95, expect further drops. Solana's volatility could flip, but right now, bears rule short the weakness!

Buy and Trade $SOL here👇🏻

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