🚨 $SOL DIPPING ❓❓ BUYING OPPORTUNITY OR FALLING KNIFE? 🔍📉
$SOL is currently trading at $148.12, down -2.48% on the day. Is this a smart dip buy or a signal to wait? Let’s break it down! 🧠👇
📊 Technical Analysis:
🔹 Price is near the major support zone at $145–$148 – a level where SOL has bounced multiple times in recent weeks.
🔹 RSI is nearing oversold (38) ➤ potential for bullish reversal.
🔹 Volume is declining on this pullback – indicating weak selling pressure.
🔹 MACD shows signs of a bullish crossover forming on the 4H chart.
📈 Trade Setup (LONG)
💰 Entry Zone: $146 – $149
❌ Stop Loss: $142 (below key support)
🎯 Targets:
🔹 Target 1: $155 🥇
🔹 Target 2: $163 🥈
🔹 Target 3: $172 🥉
📊 Risk/Reward Ratio: ~2.5+
📌 Move SL to breakeven after Target 1 is hit!
🔔 Conclusion: SOL is showing signs of support around $148. If $145 holds, this could be a smart dip buy for a short-term bounce. But caution ⚠️ – if $142 breaks, further downside may open.
👉 Watch closely – smart entry here could pay off!
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