SOLUSDT

Perp

138.19

-2.74%

$SOL 📉 SOL/USDT – Downtrend Scalping Setup (5m)

Trend Bias: Bearish after rejection near 133.93 and repeated failures near EMAs.

🔻 Why Downtrend?

Price is trading below EMA-9 & EMA-20

Multiple lower highs forming

Strong support at 131.22 has been tested again

Bounce looks weak → candles losing strength near EMAs

🎯 Scalp Plan (Short Setup)

🟥 Entry (Sell):

Look for rejection at 132.00 – 132.20 near EMA-20

🟩 Targets:

TP1: 131.40

TP2: 131.22 (major support zone)

Break support → TP3: 130.80

🛑 Stop-loss:

132.55 (above EMA cluster & previous rejection)

Not a financial advise just a technical guidance ✅#solana #BinanceBlockchainWeek #CryptoIntegration #CryptoRally #BTC86kJPShock