#SolanaSurge
Key Technicals
- *Bearish Divergence*: The price is increasing, but the Relative Strength Index (RSI) is decreasing, indicating a potential drop.
- *Rejection Zone*: The price is facing resistance, suggesting a short-term dip.
Potential Price Movement
- *Target Drop Zone*: The $119-$109 range is expected to be a potential drop zone, which could also serve as a Higher Low zone and a healthy retracement opportunity.
- *Anticipated Bounce*: If SOL reaches the target drop zone, a strong bounce is expected, potentially pushing the price toward new highs above $175.
Trading Considerations
- *Signal Type*: LONG
- *Trading Recommendation*: This signal is only for spot trades, not for leverage or futures.
Trading Strategy
- *Entry Point*: