๐จ $SOL
/USDT โ Bounce Incoming or More Pain Ahead? ๐ป
$SOL is currently under pressure after dropping -2.62% to $148.24. With high volatility and big volume, traders are on edgeโis this a pullback before a bounce, or is further downside likely?
๐ Market Overview
๐ Current Price: $148.24
๐ 24h High: $153.88
โ๏ธ 24h Low: $145.22
๐ฆ 24h Volume (SOL): 2.32M
๐ฐ 24h Volume (USDT): $346.57M
๐ Technical Snapshot:
Parabolic SAR: Still trailing below price (trend weakening)
EMA Direction: Nearing bearish crossover
MACD: Bearish histogram forming โ caution advised
Volume: Elevatedโsign of smart money rotation or panic sell?
๐ $SOL Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $solHolds Above $145.50):
Entry: Above $149.00
Targets: $151.50, $153.80, $157.00
Stop-Loss: $144.20
๐น Bearish Scenario (If $solBreaks Below $145.00):
Entry: Below $145.00
Targets: $142.50, $139.00, $135.00
Stop-Loss: $149.00
๐ Should You Buy the Dip?
โ Support zone near $145 could hold โ watch for strong bounce
โ RSI nearing oversold โ recovery possible on short timeframes
โ ๏ธ If $solloses $145, momentum could accelerate to the downside
๐ก Pro Tip:
Wait for confirmation candles at the $145โ$149 range. A strong bullish engulfing with rising volume could signal a reversal.
๐ข Are you buying the dip or sitting this one out? Comment your strategy!
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