#solana Slammed! SOL Tanks to Support Zone — Reversal Setup Brewing?
Current Price: $102.60
24h Change: -14.38%
24h Range: High $120.60 / Low $101.39
StochRSI: 0.00 (oversold extremes)
MaStochRSI: 1.22
Order Book Sentiment: 56.86% Buy vs. 43.14% Sell
Solana (SOL) just suffered a major drop, wiping out over 14% in the last 24 hours and dragging the price down to $101.39. The 4H chart paints a brutal selloff, but the bulls might not be done just yet.
Technical Take:
Price free-falling straight into demand territory
StochRSI stuck at zero — can’t get more oversold than that
Sellers appear aggressive, but that exhaustion wick near $101 hints at short-term relief
The $100–$101 zone has acted as strong support previously
Trade Setup – Dead Cat Bounce or Real Rebound?
Buy Zone: $100.00–$102.00
TP1: $108.00
TP2: $114.50
SL: $97.80
If SOL stabilizes above $100, a quick bounce could follow — especially with oversold momentum indicators flashing. Watch for volume confirmation and maybe even a bullish engulfing candle before jumping in.