$SOL /USDT BEARISH BREAKDOWN CONTINUES NEXT LEG DOWN IMMINENT
Trade Setup (Short Bias – Aggressive)
• Entry Zone: $84.00 – $85.50 (current range, on confirmation of rejection or break below $83)
• Take Profits:
TP1: $82.00 – $82.50 (near 24h low extension)
TP2: $79.00 – $80.00 (next psychological/support zone)
TP3: $75.00 – $77.00 (extended downside target if momentum surges)
• Stop Loss: $87.50 (above recent swing high/resistance for invalidation – tight risk control)
SOL is trapped in a brutal downtrend, rejecting hard from overhead resistance and printing lower highs/lows. Current consolidation near $84-85 is weak – expect a breakdown below recent lows to accelerate selling pressure as bears dominate. Momentum remains bearish with no clear reversal signal yet; watch for a flush toward deeper support before any meaningful bounce.
Short Market Outlook
Bearish momentum intact – price below key EMAs, RSI weak/not oversold enough for reversal, order book tilted toward asks. Trend is down, critical resistance at $90-98 (EMA cluster); support at $80-83 zone. Break below $82.92 triggers next leg lower; only reclaim above $90 flips structure bullish.
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