$SOL /USDT BEARISH CONTINUATION ā SELL THE RALLIES š
Market Next Move (Immediate Explanation):
$SOL /USDT is showing clear bearish pressure after rejecting from the 144ā145 resistance zone. Price is trading below key short-term EMAs on lower timeframes, indicating sellers are in control. The recent lower high structure and increasing sell volume suggest a continuation toward lower support levels unless price reclaims 142+ convincingly.
Trade Setup (SHORT)
Entry (Sell): 139.50 ā 141.00
Stop Loss: 144.80
Targets:
TP1: 137.50
TP2: 133.80
TP3: 130.10
Risk-to-reward favors shorts as long as price stays below the 142ā144 supply zone.
Short Market Outlook
Overall sentiment remains bearish to neutral in the short term. A breakdown below 137.50 could accelerate selling toward 130 support. Only a strong reclaim and close above 145 would invalidate this bearish setup and shift momentum back to buyers.
#SOLUSDT #SOLANA #CryptoTrading #TechnicalAnalysis #Bearish $SOL
