🚀 Solana hitting support: imminent bounce?
Approximately 3:18 am..SOL is trading at 182.28 USD and has just bounced in the 181 zone, which acted as intraday support.
The RSI is at 38.42, entering oversold territory. Technically, this is a likely bounce zone.
If it breaks 185 with volume, it could go straight to test 195, which was the high of the last 24 hours.
The moving averages show bearish pressure, but the price is holding, and the volume is starting to rise. The MA(7) is at 182.58 and the MA(99) at 190.64. If the momentum holds, this entry could be explosive.
I feel like I’m already in with a tight stop.
This zone isn’t seen every day....
