🔹SOL/USDT – Technical Analysis (4H Chart)
▫️Solana (SOL) is currently rebounding from a well-defined demand zone around $140-$146, showing signs of bullish momentum after a sharp decline from the supply zone near $165.
▪️Key observations:
🔻 Downward trendline was broken earlier, confirming a temporary bullish structure before price faced rejection at the supply zone.
✅ Demand zone for bull run is now being respected, as shown by the strong reaction and recovery candle.
🔁 Price may form a higher low in this zone, setting the stage for a potential move toward the next resistance areas.
📈 Upside targets:
▫️First resistance/supply area: $165-$174
▫️ Extended target zone: $182-$190
▫️A confirmed bounce from this demand area could open the way for a bullish continuation, while a drop below $140 would invalidate the setup. Volume confirmation and candle structure will be key to watch.
🔹Community Insight:
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