$SOL Attempting Reversal Bulls Defend Key $160 Support 🤝🤝
$SOL is currently trading at $162.36 (+1.20%) after bouncing off its 24H low of $160.03. The daily chart shows early signs of a potential reversal following a steep correction from the $210 level. If momentum builds, this zone could mark a turning point.
Long Trade Setup:
• Entry Zone: $161.50 – $163.00
• Target 1: $168.00
• Target 2: $175.00
• Target 3: $182.00
• Stop Loss: $157.50
Technical View:
SOL has printed a small bullish candle after multiple red days, suggesting buying pressure at the $160 zone. If it holds above $164.98 (24H high), bulls could aim to reclaim the $170+ range.