$SOL /USDT DAILY TIMEFRAME โ BEARISH OUTLOOK ๐๐ฅ
Market Structure:
SOL is currently trading at $126.15, showing weak recovery after a strong downtrend from the $200+ zone. Price remains below major resistance levels, indicating sellers are still in control. The overall structure suggests a bearish continuation unless a strong breakout occurs.
๐ KEY LEVELS
๐ Resistance Zones:
$140 โ $150 โ (Major supply & rejection zone)
$170 โ $180 โ (Trend reversal zone)
๐ Support Zones:
$121 โ $118 ๐ข (Immediate support)
$100 โ $95 ๐ข (Strong demand & psychological support)
๐ TRADE SETUP (SHORT) ๐ป
Entry:
Short around $135 โ $140 (on rejection / pullback)
Targets (TP):
๐ฏ TP1: $121
๐ฏ TP2: $110
๐ฏ TP3: $100
Stop Loss (SL):
โ $152 (Above key resistance)
โ ๏ธ RISK MANAGEMENT
Risk only 1โ2% per trade
Always wait for confirmation before entry
Use proper stop loss and avoid over-leverage ๐ก
๐ Bias remains BEARISH until SOL reclaims $150+ convincingly. ๐ป๐$SOL