$SOL /USDT is showing strong bearish momentum right now at 118.42 after a sharp -6.82% drop in the last 24h! 😱

Price just broke below the lower Bollinger Band (around 120.93), with candles closing weak on the 1D timeframe. RSI(14) sitting at a deeply oversold 32.93, RSI(6) even lower at 18.16 – classic oversold territory screaming potential bounce, but MACD remains heavily negative (DIF -2.183, MACD -2.323) with no crossover yet.

Long/Short Ratio 4.30 (81% longs), yet aggressive selling pressure dominates volume bars. Overall market sentiment leans bearish with -16.94% in 7 days and -54% YTD.

🚨 TRADE FORECAST: SHORT $SOL /USDT Now!

Entry around current ~118.40

Take Profit 1: 112.00 (solid support zone)

Take Profit 2: 108.00 (deeper target)

Stop Loss: 122.50 (above recent swing high & BB middle)

Risk-reward looks juicy – don't fight the trend while momentum is down! Bears in control for now, but watch for RSI reversal if it dips further.

Trade smart, use leverage wisely ⚠️ DYOR & manage risk!

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