$SOL /USDT Showdown: Bear Trap or Breakdown?

The chart is screaming caution! SOL/USDT is currently trading at 138.78, a -4.07% drop in the last 24 hours. The price has just touched a crucial low of 137.70 on the 15-minute chart.

Key Technical Levels to Watch:

* Resistance: The short-term MAs (MA(7) at 139.49 and MA(25) at 139.32) are looming overhead, acting as immediate ceilings. The longer-term MA(99) at 141.78 is a formidable wall.

* Support: The immediate wick low at 137.70 is the battle line. A clean break below this could signal further capitulation.

* Momentum Check: The Stochastic RSI (STOCHRSI: 35.51) is in the lower half, indicating bearish momentum is still in play, though not yet 'oversold' for a guaranteed bounce.

Is this a classic bear trap ready for a swift reversal, or is $137.70 about to crack, sending $SOL plunging towards new lows? The volume is high; the tension is palpable.

Your move: Long, Short, or Wait?

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