⚡️$SOL Between a short-term rebound or the beginning of a new rise!
The price has retreated from the high of 200 and is now stabilizing at a strong support between 156-160. A bullish candle is forming on the daily after selling pressure, indicating the possibility of a reversal or upward bounce.
📊 Long trade setups:
• Entry area: 160.50 - 162.00
• Target 1: 168.00
• Target 2: 174.50
• Target 3: 182.00
• Stop loss: 155.50
🔎 Technical outlook:
Stabilizing above 160 and breaking the resistance at $163 with strong trading volume could drive the price towards the next Fibonacci levels.
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