๐ $SOL at Make-or-Break Support โ Could a Bounce Ignite a Bullish Reversal? ๐
#Solana has slid back to a crucial support level around $145.22 after retreating from its recent highs. Now, things are getting interesting: price action on the 4H chart shows fresh buying interest, as bulls step in to defend this zone. The market is starting to hint at a potential reversal.
๐ Potential Long Setup:
โ Entry: $147.50
๐ฏ Take Profit Targets:
โข TP1: $150.90 โ first sign of momentum
โข TP2: $153.80 โ confirming strength
โข TP3: $159.50 โ reclaiming higher ground
๐ก Stop Loss: $143.80 โ to manage risk
๐ Key Takeaway:
Watch closely for a clean breakout above $148.50 on solid volume. If that happens, it could kick off a fresh bullish leg and possibly mark the start of a larger trend reversal.
