$SOL /USDT : The daily and 4-hour trends are bearish, with a price below all major moving averages.
The hourly chart is now at a critical resistance level near $132.
Momentum is weak, with the hourly Relative Strength Index under 38.
The setup is ready for a sell entry.
Confirmation on the 15-minute chart (Relative Strength Index under 50) will confirm seller entry, providing a high-probability entry to ride the prevailing bearish trend.
Why act now?
The broader bearish alignment is clear, and this hourly rejection is the precise confirmation we need.
Executable setup now (Sell)
Entry: market at 131.618694 – 132.441306
TP1: 129.562161
TP2: 128.739548
TP3: 127.094322
SL: 134.497839
SOLUSDT
Perp
132.08
-0.46%