📉 SOL/USDT — Support Under Pressure
SOL is trading around $118.7, down ~4.1%, pressing into the $116–$118 support zone after repeated failures near $130–$132. The structure is leaning lower, with sellers stepping in faster on every bounce.
This move feels orderly, not panicked.
Trade View
Spot:
Not a rush-buy area yet. Better to wait for a base or a clean reclaim above $123–$125 before considering spot entries.
Futures (Short Bias):
Direction: Short
Entry zone: $119 – $122
Invalidation: Strong reclaim above $125
Targets: $115 → $110
Leverage: Conservative only (3x–5x)
Why This Trade
Lower highs intact, momentum fading
Failed reclaim of prior support
Volume supports continuation, not reversal
Risk is clearly defined above resistance
Lower highs, failed reclaim, and weak follow-through. This is a
quick reaction trade while pressure stays on.
Fast trade. Tight risk. No forcing.
This is a structure-following trade, not a guess.
Let price confirm.
#Binance #CryptoRally #SpotTrading. #FutureTarding $SOL
