CryptoGuru12
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Bearish
🚨 $SOL /USDT ALERT: Downtrend Confirmed – Watch for Further Decline Below $230! 🚨
The SOL/USDT 15-minute chart is showing strong bearish momentum, with a 4.24% decline. The price has broken below critical levels, trading at $230.32, and appears to be heading toward lower support zones. A further breakdown is likely if selling pressure persists.
Key Levels to Watch:
Entry Price: $230.32
Support Levels: $229.00, $225.50, $220.00
Resistance Levels: $235.00, $237.75
Trade Targets (Short):
1. Target 1: $229.00
2. Target 2: $225.50
3. Target 3: $220.00
Stop Loss:
Place a stop loss at $235.00 to manage risk.
Cautionary Note:
SOL is in a confirmed downtrend, breaking key support levels. If the price fails to hold above $229, expect further declines toward $225 and beyond. However, any sustained recovery above $235 could invalidate the bearish setup. Manage trades cautiously in this volatile phase.
#Crypto #TradingSignals #SOL #Binance
The SOL/USDT 15-minute chart is showing strong bearish momentum, with a 4.24% decline. The price has broken below critical levels, trading at $230.32, and appears to be heading toward lower support zones. A further breakdown is likely if selling pressure persists.
Key Levels to Watch:
Entry Price: $230.32
Support Levels: $229.00, $225.50, $220.00
Resistance Levels: $235.00, $237.75
Trade Targets (Short):
1. Target 1: $229.00
2. Target 2: $225.50
3. Target 3: $220.00
Stop Loss:
Place a stop loss at $235.00 to manage risk.
Cautionary Note:
SOL is in a confirmed downtrend, breaking key support levels. If the price fails to hold above $229, expect further declines toward $225 and beyond. However, any sustained recovery above $235 could invalidate the bearish setup. Manage trades cautiously in this volatile phase.
#Crypto #TradingSignals #SOL #Binance
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