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🚨 $SOL /USDT – Steep Reversal After Topping at $143.25! Bears Push SOL Below $135 🚨 Solana is under pressure after failing to hold above the $143 resistance. The price has sharply dropped to $134.87 (-1.21%) with a local low of $133.82, reflecting aggressive short-term sell-offs on the 15-minute chart. 24H Overview: High: $143.25 Low: $133.82 Volume: 4.35M SOL / $604.70M USDT Technical Breakdown: After a strong impulse toward $143, SOL faced multiple rejections and formed a descending structure with clear lower highs and lower lows. The breakdown below $137 triggered accelerated sell volume, confirming bearish control for now. Trade Signal – SHORT SETUP IN ACTION: Entry Zone: $135.50 – $137.00 Target 1: $132.50 Target 2: $130.00 Final Target: $127.40 Stop Loss: $139.40 Why Short Here? Failed breakout at resistance, tight rejection candles, and clean bearish structure with rising selling volume create a high-probability short setup. Support break confirms momentum shift. Risk Tip: Monitor bounce attempts closely. If price reclaims $138 with strength, consider closing short or adjusting SL quickly.
Positive signs of a reversal before everyone else.
The warning of a drop was given in February 2024 when the price was at $2019, indicating that it would revisit $123, but it added a couple more (points), reaching $95.
Now, there is serious upward momentum with a breakout above $195, which will push it to break the all-time high of $295.
#sol The image shows that the total amount of SOL sold (3.07 M) is higher than the total amount bought (2.74 M). This difference in trading volume indicates more selling pressure than buying interest for SOL. Consequently, there's a net movement of SOL out of the exchange as sellers transfer their assets or the USDT they received.
The negative total inflow of -331,014.40 USDT reinforces this, showing that more USDT is leaving the exchange (associated with buying other assets or being withdrawn) than entering to buy SOL. The "Last 24 hours" bar in the inflow chart further highlights recent significant selling activity contributing to this outflow.
Simply put, the data suggests a current trend of more SOL being offloaded than accumulated.$SOL #BinanceAlphaAlert