📉 $SOL showing strong bearish momentum with continuous lower lows
Solana is currently in a clear downtrend on the 15m timeframe, with price trading below EMA(7), EMA(25), and EMA(99). The structure shows strong selling pressure, and sellers are controlling the market after rejection near the 88.50 resistance area.
Price recently touched the 83.50 support zone, which is a short-term demand area. If this level breaks, we could see another leg down.
📌 Key Levels:
• Support: 83.50 – 82.80
• Major Support: 81.50
• Resistance: 85.00 – 86.20
Structure = bearish trend continuation
🎯 Trade Setups:
🔻 Short Setup (Trend Continuation):
Entry: 84.80 – 85.40
TP1: 83.50
TP2: 82.20
TP3: 81.00
SL: 86.30
✅ Bounce Long (Scalp):
Entry: 82.80 – 83.50
TP1: 84.80
TP2: 86.00
SL: 81.90
🚀 Breakout Long:
Entry: Above 86.50
TP1: 88.00
TP2: 90.00
SL: 84.80
⚠️ Market structure remains bearish on lower timeframe — avoid chasing longs until clear reversal.
Trade Smart 📊 | $SOL
