⚡️$SOL — Relief Rally or Dead Cat Bounce? 🐱📉
After dipping to $141.53, $SOL is staging a minor recovery — now hovering near $147.07. But is this a genuine rebound or just a temporary lift in a downtrend?
The 1H chart shows short-term bullish signs, but macro market pressure is still in play.
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📊 Key Trade Setup:
Entry Zone: $146.50 – $147.50
TP1: $150.30 (psychological barrier & short-term resistance)
TP2: $153.20 (potential breakout target)
Stop-Loss: $143.90 (below recent pivot)
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🔍 What to Watch:
A decisive break above $150 could shift short-term momentum
Volume confirmation is critical — without it, this could be just a dead cat bounce
Keep an eye on BTC's direction — SOL often follows closely
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TL;DR:
$SOL is at a critical juncture. If bulls reclaim $150 with volume, momentum may flip. If not, sellers could drag it lower.
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