Attention traders! Based on the current market data, $SOL is showing strong selling pressure:
Sell orders are outweighing buy orders significantly, especially large and medium-sized orders.
SOL is currently trading below key EMA levels, and there’s a high chance of further downside.
Key support at $133.42 is at risk of breaking. If it does, SOL could drop to $130.92 or even lower.
Recommendation: Consider opening a short position around the current price ($133.44 -$134.04).
Stop-loss: Set above $135.5
Target: First at $130.92, with potential to hit $128.20 if momentum continues.
Manage your risk accordingly and monitor the support level closely!
