$SOL /USDT is showing serious bearish pressure right now! 🚨

Current price hovering at $84.22 after a sharp -4.87% drop, with the 24h high at $89.09 and low near $83.76. The chart screams downside momentum: price has broken below key levels, riding the lower Bollinger Band (DN ~73.73, MB ~108.39 smashed), and candles are painting lower highs/lows in a clear downtrend channel.

RSI(14) sits at a deeply oversold ~28.25, with RSI(6) even lower at ~26.68 — classic oversold territory hinting at a possible short-term bounce, but momentum remains weak with no strong reversal signal yet. Stochastic also low, volume picking up on red candles. Bulls tried to defend but failed hard after rejection from upper bands and prior support-turned-resistance.

Bearish forecast ahead — momentum favors shorts while below $90!

Trade idea (SHORT SOL/USDT):

Entry around current ~$84.20–$84.50

Take Profit 1: $78.00 (first target, near recent swing lows)

Take Profit 2: $72.00–$73.00 (aggressive, testing lower BB area)

Stop Loss: $89.00 (above recent 24h high to invalidate if bulls flip it)

Risk-reward looking solid 1:2+ if downside resumes — protect capital & size smart! This could extend the sell-off if broader market stays weak.

Ready to catch the next leg down? Trade $SOL / $USDT Now! Follow & turn 🔔 on ✅ for more setups!

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