$SOL /USDT BOUNCES STRONGLY OFF SUPPORT – BULLS RETAKING CONTROL! 🚀
$SOL just rebounded sharply from the $150.59 local bottom, climbing nearly +2% and reclaiming the $158 level with strength. A breakout candle has printed on the 4H timeframe, pushing toward the $161.53 resistance. This structure suggests a bullish reversal in play, especially with the consistent higher lows now forming.
Trade Setup (LONG):
Entry Zone: $157.00 – $159.00
Target 1: $167.70
Target 2: $173.87
Target 3: $180.05
Stop Loss: $151.50
Why Long?
Price has held above the key $150 support zone despite strong bearish pressure in previous sessions. The bullish engulfing candle with rising volume shows momentum is shifting, and if SOL breaks $162.38, it could open the way to a strong rally back to higher resistance zones.
Risk Management Tip:
Maintain a stop just below the $151.50 level — any close below may invalidate the bullish setup. Trail your SL as the price reaches new highs.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!