๐Ÿš€ $SOL /USDT โ€“ Bounce Play After Deep Dip

๐Ÿš€ $SOL crashed from 241 โ†’ 190, and after a slight rebound, itโ€™s now holding around 195. Aggressive selling met strong support at 190.80, signaling buyers stepping in. This zone could serve as a base for a recovery if momentum builds.

๐Ÿ“Œ Reason to Trade:

Price tested a major support at 190 and held.

Deep drop creates an attractive risk/reward setup for a bounce trade.

๐Ÿ“Š Trade Setup:

Entry: 194 โ€“ 196

Targets:

โ€ข TP1: 205

โ€ข TP2: 215

โ€ข TP3: 225+ (if momentum continues)

Stop-Loss: Below 188

๐Ÿ’ก Why This Works:

Support at 190 is respected.

Oversold conditions after heavy fall favor a bounce.

Clear risk management: risk ~7โ€“8 points for potential 15โ€“30 points upside.

โœ… Strategy: Buy near support, aim for resistance levels, cut quickly if support breaks.

#SOL #CryptoTrading #Altcoins #BouncePlay