$SOL

USDT – POTENTIAL REVERSAL OR DEAD CAT BOUNCE?

BOUNCED FROM $163.04 LOCAL LOW

STRUGGLING TO GAIN ABOVE $165.20

Solana showed a minor recovery after hitting a sharp low at $163.04, but the price remains in a lower high structure on the 15-minute chart. Bulls are attempting to reclaim control, but rejection near $165.20 suggests upside is capped unless momentum builds.

TRADE SETUP

Direction: Long

Entry: $164.20

Targets (TP): $165.80 → $167.20

Stop Loss (SL): $162.90

A clean break and close above $165.20 could trigger further upside. Weakness below $163 invalidates this setup.

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