$SOL /USDT BEARISH SETUP – Short Opportunity Ahead! 🚨
$SOL/USDT is showing signs of a bearish breakdown after facing rejection at key resistance levels. The current price is $121.12 (-9.11%), signaling strong downward momentum. We're watching for a pullback to the resistance zone before entering a short trade for a high-probability setup.
📉 Key Levels:
🔸 Resistance: $123.53 – $132.07 (Major supply zone)
🔹 Support: $121.08 (Current support) / $106.87 (Next major target)
💼 Trade Setup:
📌 Short Entry: Around $123.50 (on a pullback)
🎯 Target 1: $115.00
🎯 Target 2: $106.87
🛑 Stop Loss: $132.07
📊 Market Insight:
Bearish trend remains strong, with lower highs and lower lows forming.
A rejection at $123.50 would confirm further downside.
Watch for increasing sell volume to strengthen the bearish setup.
⚠️ Risk Management: Always use proper risk management—avoid over-leveraging and risk no more than 1-2% of your trading capital.
