SOLUSDT – Symmetrical Pattern Breakdown & Bearish Continuation

17 Okt

SOLUSDT has officially broken down from the symmetrical triangle pattern, confirming bearish momentum in the market. The structure shows a clear shift in trend, with price closing below the key support zone.

Currently, the market is in retracement mode, pulling back to retest the broken structure. A bearish rejection candle from this level will confirm continuation toward lower targets.

Market sentiment remains bearish as long as SOL stays below the broken trendline and resistance area. This retest phase could provide another high-probability short opportunity. 📊

🎯 Technical Target Levels / Support Zones:
First Target → 179
Second Target → 174
Third Target → 168

⚠ Setup Notes:
🔹 Wait for bearish confirmation candle before entry
🔹 Bearish structure remains valid unless price reclaims the triangle zone
🔹 Always apply proper risk management

💬 Like, Comment & Follow for more professional Smart Money & price action-based setups. 💎

17 Okt

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