🚀 SOL Trade Call: BOOM! TP1 Smashed 🚀

🚨 SOL at Crossroads — Bounce or Breakdown? 🚨

Dear Friends, Solana ($SOL /USDT) is trading around $204 after facing pressure in recent sessions.


📉 Technical Picture:

Price remains below key moving averages → bearish pressure intact.

RSI near oversold (30–35) → possible bounce signal.

MACD negative → sellers still hold momentum.

ADX strong (>50) → confirms strength of current downtrend.

🔑 Key Levels to Watch:

Support: $190 – $186 zone

Resistance: $200 – $205. A confirmed 4H/daily close above this range could flip momentum bullish.

📊 Trade Plan (NFA):

Conservative Long:

Wait for breakout & close above $205 with strong volume.

🎯 Targets: $210 → $218 → $230

Aggressive Long:

Entry near $204 (current price), but with tight stop-loss below $198.

Short Setup: Breakdown below $186 could open downside toward $175 – $168.

⚖️ Scenarios:

Break below support → more downside.

Hold $190 & breakout above $205 → chance for rebound rally.

Sideways chop → patience until range resolves.

👉 With BTC still steering overall sentiment, SOL is at a critical decision zone.

💭 What’s your call, Binance fam?

#sol #Solana