$SOL /USDT TECHNICAL ANALYSIS – BEARISH PRESSURE BUILDING BELOW RESISTANCE ⚠️
Market Next Move (Bearish Bias):
$SOL is facing selling pressure near the 145–146 resistance zone, failing to hold above recent highs. Price is consolidating near the lower range with weakening momentum, suggesting a potential downside continuation if the key intraday support breaks. Sellers currently have a slight edge unless bulls reclaim resistance with strong volume.
📉 Trade Setup (SHORT – Range Breakdown)
Entry (Sell Zone):
• 142.5 – 143.5 (on rejection)
or
• Breakdown below 141.0 with confirmation
Targets (TP):
• TP1: 140.0
• TP2: 137.5
• TP3: 134.8 (if bearish momentum expands)
Stop Loss (SL):
• 146.3 (above resistance & invalidation level)
Risk-Reward: Clean setup if rejection is confirmed near resistance or support breaks.
🔍 Technical Notes
Repeated rejection at 146.00 resistance
Lower highs on lower timeframes
Price hovering near range support
Volume not supporting bullish continuation
🌐 Market Outlook
SOL remains range-bound with a bearish tilt in the short term. A breakdown below 140 could accelerate selling, while a strong reclaim above 146 would invalidate this setup and shift bias bullish. Trade with confirmation due to volatility.
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