$SOL /USDT – Recovery after a deep correction! 🔥
Current price: $175.53 (-4.16%)
$SOL has just dropped into the support zone of $172 and is now showing signs of short-term recovery on the 1-hour chart. Buyers are starting to step in!
📈 Trading setup:
Entry zone: $174 – $176
TP1: $180
TP2: $185
TP3: $190
Stop-loss: $171.80
🧠 Market overview:
After a sharp correction from $187+, SOL found a temporary lower support and began to form higher lows. Watch for a breakout above $178–$180 to confirm a bullish reversal.
💡 Professional tip:
This recovery is likely caused by an oversold RSI on lower timeframes. A tight stop-loss is recommended if volatility increases again.
Is this recovery going to lead to the next Solana rally? Let's keep a close watch on this!