$SOL
USDT BEARISH STRUCTURE REMAINS IN CONTROL AS SELLERS DEFEND MAJOR RESISTANCE
SOL/USDT continues to trade under long-term resistance after a significant decline from its cycle high, indicating that bearish pressure remains dominant. Unless buyers reclaim key resistance levels, the market structure favors further downside or prolonged consolidation before any sustainable recovery.
Entry: Short on rejection from resistance zone
TP1: 70.00
TP2: 55.00
TP3: 40.00
SL: 100.00
Technical Outlook:
• Lower highs continue to define the trend
• Major resistance remains unbroken
• Weak momentum favors sellers
• Breakdown risk increases below key support zones
Risk Management:
Risk only 1-2% of trading capital per position and maintain a minimum risk-to-reward ratio of 1:2.
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