Expert opinion: bearish #SOL (from Coinsradar.net)

Solana peaked at the same time as Bitcoin in March 2024, and the market pulled back in April, and the support level was broken, forming a "capping" pattern.

The candle chart shows shooting stars, inverted hammers and upper shadows, and the market has been bearish since the peak in March.

Due to low trading volume per trading day, weak MACD, lower highs and overall bearish market, there is a possibility of bearish continuation.

Recommended short SOLUSDT

Leverage: 4x

Buy price: $165 - $143

Target price: $130, $115, $95, $85, $78, $64

Stop loss: intraday close above $170

Potential profit: 224%

Fund allocation: 4%

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