🚨 SOL/USDT Faces Resistance Rejection – What's Next? 🚨
🔹 SOL attempted to break the $127.37 resistance but got rejected!
📉 Key Insights:
✔ Resistance Level: $127.37
✔ Price Action: SOL tested this level but faced strong selling pressure.
✔ Bearish Outlook: If support breaks, SOL may drop to $122.50.
✔ Breakout Potential: If SOL surpasses $127.37, next target is $132.95.
📊 Indicators:
✅ RSI is declining, indicating bearish momentum.
✅ EMA 9 and EMA 21 crossover suggests a sell signal.
⚠ Trading Tips:
Short Entry: Below $127.37 if rejection holds.
Stop Loss: Around $129 to manage risk.
Take Profit: $122.50 and $118.20 support levels.
📌 Note: Market volatility is high—trade cautiously with stop-losses in place.
📢 What’s your take? Will SOL break out or drop further? Comment below! 👇
