Solana (SOL) Quick Trade Setup – Correction or Bounce?
Solana is in a corrective phase after a five-wave rally from April lows. A short-term bounce is forming, possibly as part of a B wave in an ABC correction.
Trade Setup:
Entry: $158–$163 (if support holds)
Stop-Loss: $148
Targets:
TP1: $172
TP2: $178
TP3: $185
Outlook:
Holding above the May 20 low keeps the bounce valid. Drop below $162 risks deeper correction. Strong fundamentals with BTC liquidity now entering Solana via Zeus Network & Chainlink.
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