$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.
#SOLUSDT #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes