$SOL / USDT – Major Breakdown Alert
Entry Zone: $205.00 - $210.00
Targets:
$200.00 (Target 1)
$195.00 (Target 2)
$190.00 (Target 3)
Stop Loss: Above $215.70
Market Insights:
SOL has broken down from key levels, sliding to a low of $205.83 after failing to sustain above $215.70. This signals intensified bearish momentum. A failure to reclaim $210 could lead to further downside pressure, with key supports at $200 and $195 likely to be tested. Traders should remain cautious as the market environment remains volatile.
Next Move:
Monitor volume confirmation for a continuation move.
A bounce above $210.50 might offer short-term relief but needs to sustain to negate bearish pressure.
Failure to hold the $210 level could accelerate selling pressure toward the next targets.
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