Short

SOLUSD Breaks Down from Supply – Are $163 and $143 the Next Stop

just got rejected hard from the $183 supply zone, where high-volume sellers stepped in (Visible Range). The rejection aligns with overall crypto weakness as macro uncertainty builds.

Key Levels to Watch:

Supply Zone: $180–$183 – strong seller territory

Support Areas:

$163 – immediate support zone

$143 – major demand zone with heavy volume interest

Market Structure:
Lower highs forming after rejection. If $163 fails to hold, expect swift downside toward $143. Short setups below $170 could be ideal with risk managed above supply.

Macro Pressure:
Three U.S. red folder news events coming up—prepare for unexpected volatility around those dates.

Quick Trade Idea:
Wait for retests of broken levels. Enter short if rejection holds below $180. Longs may wait until confirmation from $143 demand.

Question for You:
Would you buy the dip at $143 or ride the bear momentum?

#Solana #SOLUSD #CryptoAnalysis #PriceAction #SupplyAndDemand #VolumeProfile #CryptoTrading #Altcoins #BearishBias

FrankFx14

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FrankFx14

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