⚡️$SOL at $163 – Bounce or Fakeout? Let’s Talk Entry 🎯
“Is SOL done dumping?”
If you’ve been waiting for a smart entry — this might be your second chance entry zone 👇
🔍 After dropping from $206 to $157, SOL finally found support and is now reclaiming levels near the AVL ($163.43) — a classic early signal for reversal traders.
💡 Key Observations:
Strong consolidation near support
Holding above 157, a zone that acted as launchpad earlier
Volume picking up, RSI no longer oversold — recovery signs
📊 Stats Snapshot:
Down -12.9% in 7 days
But still +12% in 90 days
SOL isn't weak — it just needed to reset
🛒 Entry Setup:
Long between $162–$164
SL: Below $157
TP1: $170.5
TP2: $183.5+ (gap fill zone)
📢 “So, buy SOL now?”
If the trend continues to flip from here, this is low-risk high-reward territory — especially with SOL’s track record of sharp recoveries.