$SOL /USDT: BEARS PRESSURE KEY SUPPORT AS SOLANA STRUGGLES TO HOLD $200 LEVEL

Immediate Market Outlook:

$SOL/USDT is currently trading at $199.86, slightly down -0.20%, as the price faces persistent rejection near the $202.66 resistance zone. With a -15.66% drop over the last 7 days and short-term weakness visible, Solana is at risk of breaking below the $197.50 support. Volume remains moderate at 6.16M SOL, and lower highs are forming—a classic sign of bearish continuation unless buyers step in aggressively. A failure to reclaim $202 could open the door for a retest of $190.80 or lower.

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🔻 Trade Setup: SHORT POSITION

Entry Zone: $199.50 – $202.00

Take Profit (TP1): $192.00

Take Profit (TP2): $185.00

Stop Loss (SL): $206.00

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📉 Market Outlook:

Although SOL remains bullish on the macro timeframes with a +58% gain over 180 days, short-term sentiment has clearly shifted. With momentum fading and no strong bounce yet from the $190s, Solana may dip further before finding solid footing. A daily close below $197 would confirm a short-term downtrend.

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