$SOL /USDT – Short Analysis

Current Price: $134.51 (-2.54%)

24h Range: $133.79 – $138.51

24h Volume: 2.41M SOL / 328.71M USDT

Market Structure:

Price recently rejected near $138.50 (24h high), indicating strong resistance.

Current price is testing support around $134.50–$133.80.

Short Outlook:

Entry: $134.50–$135.00 (near current consolidation)

Targets:

T1: $132.50 (first support level)

T2: $130.00 (stronger support below)

Stop Loss: $138.60 (above recent high to avoid fake breakout)

Reasoning:

SOL is forming lower highs and showing bearish momentum in the short term.

A break below $134 could trigger acceleration toward $132.50–$130.

Summary:

Momentum favors shorts while SOL remains under $138.50.

Watch for any bounce above $138.50 for