๐จ $SOL Bulls Bounce Back from $174 โ Is the Recovery Just Beginning?
After a sharp intraday dip, $SOL has rebounded strongly from the $174.00 support, signaling a possible bullish reversal. Currently trading at $176.72, buyers are stepping in โ but the real test lies just ahead. ๐
๐ Market Snapshot:
24h Range: $173.24 โ $184.67
Buy Pressure: 55.01% (Order book shows moderate bullish control)
Key Support: $174.00
Immediate Resistance: $177.60 โ $178.00
๐ง Technical Outlook:
If $SOL stays above $176.50, momentum could push toward a breakout above $178.00. That opens the door for targets at $181.00 and $184.00.
However, failure to hold $176.50 may trigger a drop back to $174.00, with a risk of bearish continuation if it breaks.
๐ฏ Trade Setup (Short-Term Swing):
Entry Zone: $176.50 โ $177.00
Stop Loss: $174.00 (key support)
Target 1: $178.50
Target 2: $181.00
Target 3: $184.00
โ ๏ธ Caution: A break below $174.00 could shift momentum back in favor of the bears. Keep your SL tight and stay Alert
๐ฌ Whatโs your move on $SOL? Holding, buying, or waiting for confirmation? Letโs discuss ๐
