๐ $SOL โ Clear Downtrend Ahead
Solana is still stuck in a strong downtrend, and the chart is showing more downside pressure.
๐ป Short Setup (My Trading Plan):
โข Entry: $133 โ $135
โข Stop Loss: $137.60
โข Take Profit: $131.64 and $128
๐ Key Levels:
โข EMA20 at $137.52 is acting like a strong ceiling โ price keeps getting rejected there.
โข RSI is oversold, but still has room to drop lower.
โข MACD just crossed up, so a small bounce is possibleโฆ but the main trend is still bearish.
๐ฎ Outlook:
If SOL fails to hold $131.64, the next stop is the $121 zone.
Break below that?
We might see $115 next.
Following this closely. Whatโs your plan on $SOL?
