$SOL /USDT – BEARS STILL IN CONTROL, ANY BOUNCE FACES STRONG SELLING PRESSURE ⚠️
Market Next Move (Bearish Bias):
$SOL /USDT is trading below the recent rejection zone around $148–150, indicating sellers are dominating near higher levels. Price is consolidating weakly around $144, and failure to reclaim key resistance suggests a potential continuation toward lower support zones in the short term.
📊 Trade Setup (SHORT)
Entry Zone: $145.50 – $147.00
Stop Loss: $150.20 (above key resistance & liquidity zone)
Take Profit Targets:
TP1: $142.50
TP2: $138.90
TP3: $132.70
Selling rallies remains favorable while price stays below $148.
🔍 Technical Explanation
Strong rejection from $148–149 resistance
Lower highs forming on intraday timeframes
Price hovering below key EMA / structure resistance
Weak bullish follow-through after pullbacks
🌍 Market Outlook
The short-term outlook remains bearish to neutral. If $142 support breaks, momentum could accelerate downward. Bulls need a strong reclaim above $150 to invalidate this bearish setup and shift sentiment.
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