BullishBanter
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Bearish
🚨🔥 #SOLANA PLUNGES – STRONG SUPPORT AT $117! WHAT’S NEXT?
Solana ($SOL ) has seen a steep decline, falling from its recent high of $142 to $128, down 8.57% in the last 24 hours. The chart shows consistent selling pressure, but $117 stands as a crucial support zone where buyers could step in. If this level holds, a bounce toward $135-$140 is likely. However, if $117 fails, expect a drop to $110-$105.
📊 Trade Setup – How to Profit from This Move?
📈 Long Entry:
Buy near $118-$120, targeting $135-$140
Stop Loss: Below $115
📉 Short Entry:
Sell if $125 breaks down, targeting $117-$110
Stop Loss: Above $130
🔍 RSI Oversold: A relief bounce is possible, but weak momentum could lead to further dips.
💡 Final Thought: $117 is the battleground—watch for bullish defense or a potential breakdown! What’s your move? Share your trades below..
#Write2Earn! #sol
Solana ($SOL ) has seen a steep decline, falling from its recent high of $142 to $128, down 8.57% in the last 24 hours. The chart shows consistent selling pressure, but $117 stands as a crucial support zone where buyers could step in. If this level holds, a bounce toward $135-$140 is likely. However, if $117 fails, expect a drop to $110-$105.
📊 Trade Setup – How to Profit from This Move?
📈 Long Entry:
Buy near $118-$120, targeting $135-$140
Stop Loss: Below $115
📉 Short Entry:
Sell if $125 breaks down, targeting $117-$110
Stop Loss: Above $130
🔍 RSI Oversold: A relief bounce is possible, but weak momentum could lead to further dips.
💡 Final Thought: $117 is the battleground—watch for bullish defense or a potential breakdown! What’s your move? Share your trades below..
#Write2Earn! #sol
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