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$SOL Loses Momentum After Breakdown — Bearish Continuation Risk
Current price: 132.86 $ USDT (−4.43%)
Structure: Rejected at 140.12, followed by a sharp sell-off
Trend: Bearish on H1
Key levels: Price is trading below EMA25 (133.71) and EMA99 (134.79)
Market condition: Weak consolidation below EMAs, indicating seller control
Trade Plan (Short)
Entry zone: 133.5 – 135.0 (EMA25–EMA99 rejection area)
Take profits:
TP1: 130.5
TP2: 128.8
TP3: 125.5
Stop loss: 137.0
Conclusion
$SOL remains bearish on the H1 timeframe. Short positions are favored while price stays below 135. A bullish reversal would only be considered if $SOL reclaims 138+ with strong volume.
