$SOL /USDT DAILY TIMEFRAME ā BEARISH OUTLOOK šš„
Market Structure:
SOL is currently trading at $126.15, showing weak recovery after a strong downtrend from the $200+ zone. Price remains below major resistance levels, indicating sellers are still in control. The overall structure suggests a bearish continuation unless a strong breakout occurs.
š KEY LEVELS
š Resistance Zones:
$140 ā $150 ā (Major supply & rejection zone)
$170 ā $180 ā (Trend reversal zone)
š Support Zones:
$121 ā $118 š¢ (Immediate support)
$100 ā $95 š¢ (Strong demand & psychological support)
š TRADE SETUP (SHORT) š»
Entry:
Short around $135 ā $140 (on rejection / pullback)
Targets (TP):
šÆ TP1: $121
šÆ TP2: $110
šÆ TP3: $100
Stop Loss (SL):
ā $152 (Above key resistance)
ā ļø RISK MANAGEMENT
Risk only 1ā2% per trade
Always wait for confirmation before entry
Use proper stop loss and avoid over-leverage š”
š Bias remains BEARISH until SOL reclaims $150+ convincingly. š»š$SOL
