SOL on the Edge? Here’s What’s Next + How to Trade It Smart
Solana (SOL) just touched $153.74, but now it’s cooling off around $151.19, dipping slightly after a solid +7.95% run. The RSI(6) at 36.36 suggests we’re heading toward oversold territory on this 15-min timeframe — which could mean one thing: a bounce is coming.
But is SOL gearing up for another dip before a pump? Let’s break it down:
What Could Happen Next:
• Dip to Demand Zone: If SOL slips below $150, the next key support sits near $147–$148, where buyers previously stepped in hard. That’s your sniper entry zone if the downtrend continues short term.
• Bounce Incoming? RSI hints the sell pressure might be fading. A strong candle back above $152.50 could trigger a mini reversal.
How to Profit:
• Buy-the-Dip Strategy: Enter between $147–$149 with a tight stop-loss below $146. Look to ride it back to $153 or higher.
• Scalp Traders: Watch for a bullish reversal candle near current RSI lows. Ride short bursts, set fast targets ($153-$154), and don’t sleep on volume spikes.
• Short Play? If SOL loses $147 convincingly, short down to $144-$142, but stay nimble — SOL’s known for quick rebounds.
Engage:
What’s your move — buying the dip or waiting for confirmation? Drop your target below and let’s see who nails the next SOL bounce!
Want a breakdown on key levels or a quick follow-up analysis later? Just say the word.
