SOL/USDT: DUMP PARAH! 📉 Opportunity or Trap?

Solana has just breached support at $135 and plunged to $128! Selling volume surged, but RSI has already touched the Extreme Oversold area (23.00).

⚠️ Is the Bottom near?

Option 1: Short (The Trend is Your Friend)

Wait for a bounce to $131.00 - $132.50 for Short entry. Target a free fall to $120! 📉

SL: $135.50

Option 2: Long (Scalping Rebound)

Take a quick bounce from the current price of $128.00 to target $131.50. Remember, this is against the trend! 🚀

SL: $124.00 (Tight!)

🔥 Sentiment: Liquidation of Longs worth $59Million+ today is causing market panic. Don't FOMO without a Stop Loss!

My Trade Setup:

Pair: SOL/USDT

Bias: Bearish (Wait for Rebound to Short)

Risk: High 🔴

What are your strategies? Still willing to hold SOL or let go? Drop your opinions below! 👇

$SOL

SOL
SOLUSDT
127.18
-0.25%

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