$SOL
SOLUSDT — Breakdown Continuation Setup
SOLUSDT is trading at $77.53, breaking below the $78.00–$79.00 support zone and testing the 24h low of $76.90. Price shows consistent lower lows with -45.71% monthly loss and -2.81% daily decline. No reversal structure present.
Trade Plan
Entry (Short): $77.80–$78.20 (On retest of broken support-turned-resistance)
Target 1: $76.50–$76.90 (24h low retest)
Target 2: $75.00–$74.50 (Next major support zone)
Stop Loss: $79.00 (Above breakdown level and recent high)
My View
SOL is in a confirmed downtrend with fresh breakdown below $78.00. The higher probability trade is SHORT on retest of the $77.80–$78.20 resistance zone for continuation toward $75.00. No long setup until price forms a higher low and breaks above $80.00 with volume.
