Technical analysis by SOAM_PRO_TRADER about Symbol SOL: Sell recommendation (6/2/2025)

🔹SOL/USDT – 4H Chart Technical Outlook▪️Market Context:Solana (SOL) is displaying a shift in momentum from bullish to bearish, following a breakdown from a prolonged consolidation phase. Price is currently hovering around $152.71 and forming a potential lower high structure below a key resistance area.▪️Key Levels & Zones:* Support Turned Resistance: $158-$161* Immediate Support Area: $144-$148* Next Target Support: $126-$128* Demand Zone (Bull Run Origin): $121-$126▪️Price Action Analysis:The recent breakdown below the consolidation zone has led price into a former support area, which now acts as resistance. A failed retest of this zone (noted with a red arrow) has prompted renewed bearish pressure.▪️The projected structure suggests a continuation pattern forming. Price is expected to:1. Reject from the current resistance (lower high formation).2. Break down from the $144-$148 support area.3. Head toward the broader demand zone at $126.▪️Bearish Bias:* Price is below a major support-turned-resistance zone.* Momentum is weak, supported by volume spikes during down moves.* Confirmation of a lower high strengthens the bearish outlook.▪️Conclusion:Unless bulls reclaim the $158-$161 zone convincingly, SOL is likely to trend lower in the short term. Key bearish targets lie between $126-$128, where previous demand sparked a strong rally. Traders may look for confirmation via breakdowns and retests for potential short setups.🔹Community Insight:If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets.▪️Follow for regular updates and trade setups.from SBR level