$SOL Technical indicators point to a strong bearish trend in the short to medium term. If the price falls below the $200 level, it could lead to further declines, with the next support at $180.
Bullish Scenario: A potential bullish reversal could happen if the price rises above the 25-day moving average, though this seems less likely under current bearish conditions.
Short-Term: Traders might consider a short position on SOL/USDT with a target of $180, using stop-loss orders to manage risk.
Long-Term: Long-term investors may prefer to wait for a clearer bullish indicator before entering the market. Buying opportunities may arise if the price exceeds the 99-day moving average.
