๐ฅ SOL at Make-or-Break Zone โ Bounce Incoming?
Solana is testing a key ascending trendline support on the daily chart after a healthy pullback. The price has tapped into a major demand zone and is showing signs of holding the trend. Bollinger Bands are wide, indicating recent volatility, but price is now near the lower band โ often a reversal zone. RSI is sitting at 42, approaching oversold territory, and the Stochastic RSI is already deeply oversold, hinting at a possible bullish reversal soon. If the current structure holds, SOL could bounce aggressively toward previous highs, especially with volume beginning to pick up again. This zone offers a strong risk-reward setup for bulls watching closely.
๐ฏ Entry: $152 โ $160
๐ Take Profit (TP): $250
๐ Take Profit (TP): $270
๐ Take Profit (TP): $297
๐ก๏ธ Stop-Loss (SL): $112
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