$SOL /USDT: BEARISH PRESSURE BUILDS AS SOLANA STRUGGLES TO HOLD ABOVE $200

Immediate Market Outlook:

$SOL /USDT is currently trading at $201.17, slightly down by -0.08%, after a bounce from the $190.80 low. However, the broader picture shows weakness, with a -15.07% drop in the past 7 days and -3.49% over the past 30 days. The price is failing to sustain above the key psychological level of $200, and volume appears to be fading. If bulls can't reclaim momentum soon, Solana risks slipping toward the $190–$185 support zone. Momentum is stalling, and the market is tilting toward a short-term bearish correction.

🔻 Trade Setup: SHORT POSITION

Entry Zone: $201.00 – $202.50

Take Profit (TP1): $192.00

Take Profit (TP2): $185.00

Stop Loss (SL): $206.00

📉 Market Outlook:

While SOL is still up 33% over 90 days and 59% over 180 days, current short-term price action suggests a cool-off phase. If the price fails to reclaim and hold above $205, the market may slide into a deeper correction. Traders should watch for volume spikes or BTC correlation before re-entering long.

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