#solana
$SOL Near the main demand area❗ Bulls are responding❗❗🚀🚀 The price of $SOL has just reached its lowest level at $166.03 after a sharp drop from the $187 range. The price is now hovering around a major support level on the four-hour timeframe. If the bulls intervene, it could lead to a short-term rebound. However, if the price drops to $166, it may be followed by further declines! 😨
📊 Trading Setup (Bounce Strategy):
• Entry Area: $167.00 - $168.00
• Profit Point 1: $171.50
• Profit Point 2: $175.00
• Profit Point 3: $179.50
• Stop Loss Limit: $164.90
Trading volume is increasing - Watch for a bullish engulfing candle to confirm the strength of the reversal!$SOL