$SOL – Long or Short?
Short-term Bias: Bullish Reversal Setup
Sharp drop from $148 to $140.32 now showing early signs of recovery.
Needs to reclaim $143.30 level to confirm bullish momentum.
MACD histogram is turning lighter red – early sign of momentum shift.
Holding above $140.32 (local low) could build a base for reversal.
Safer setup: Long above $143.30 with tight stop below $140.
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Support & Resistance Levels
Support: $140.32 – $141.00
Resistance: $143.30, then $146.70
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$SOL/USDT 15-Min Chart – Quick Technical Breakdown
Price: $141.82 (↓ 4.25%)
24h High: $150.39
24h Low: $140.32
MACD: Bearish, but showing weakening momentum
Volume: Healthy — strong selloff followed by slight recovery
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