*๐ SOL/USDT Analysis: Bearish Trend Persists*
SOL/USDT is trading within a *descending channel*, facing *strong resistance near 128โ130* and *support around 116โ120*. The structure *leans toward further downside* unless the price breaks and sustains above the channel.
๐ Key Structure & Levels
- *Falling Channel*: Lower highs and lower lows indicate *sellers dominate*.
- *Upper Blue Line*: Dynamic resistance.
- *Lower Blue Line*: Dynamic support.
- *Red Zone (128โ130)*: Supply area where previous rallies were rejected.
- *Demand Zones*: *120โ123* and *116โ117* (buyers stepped in).
๐ฎ Scenarios
- *Bearish (Likely)*: If price stays below *128โ130*, expect a drop to *120 โ 116*.
- *Bullish (Less Likely)*: *Breakout above 130* signals trend reversal, invalidating the short-term bearish view.
๐ก Conclusion
- *Trend*: *Bearish* as long as SOL/USDT is *below 128โ130*.
- *Upside moves are pullbacks*.
- *Break above 130* needed to shift bias to *bullish*.
*Action Plan*:
- *Short*: Rejection at *128โ130* โ TP: *120, 116* | SL: *132*.
- *Long*: Break *130* โ TP: *140, 150* | SL: *125*.
- *Current Price*: *$126.70* (Dec 20, 2025) [1].
- *DYOR*. _Not financial advice._ ๐
Sources: [1], [2], [5]. Whatโs _your_ strategy? ๐ #SOL #Crypto #TradeSmart
