SOL/USDT Trading Alert: High-Potential Buying Zone Identified for Solana (SOL)

$SOL represents a strong opportunity for strategic accumulation. After a healthy correction from the recent high of $153.99, price action is stabilizing around the support area near $147. With Parabolic SAR volatility below the price and 4H candles showing consolidation above the 10-period MA, the setups indicate an imminent rebound.

Fundamentally:

$SOL remains one of the strongest Layer 1 blockchain platforms, with increasing adoption in DeFi, NFTs, and Web3 infrastructure. Its unprecedented transaction speeds and low fees continue to attract both developers and investors.

Technical Indicators:

Parabolic SAR indicates a potential shift towards a bullish trend.

MA(5) crossing MA(10) may confirm a short-term bullish reversal.

MACD is contracting, suggesting a bullish crossover.

Action Plan:

This is a high-conviction buying area for swing traders and medium-term investors.

Buy $146–148

Targets

TP1 $153

TP2 $157.

Stop Loss: $144 (for risk management.)

$SOL remains technically and fundamentally undervalued - invest before the breakout.