$SOL Trade Setup
Price Action:
$SOL recently bounced from the $160–$165 support zone (200 SMA) and pushed higher, but faced rejection near $200.
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🔹 Entry Zone:
Watch for pullbacks into the $160–$170 range — a potential dip-buying opportunity in line with the broader uptrend.
🎯 Target Range: $200 – $225
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🔍 Pattern:
Classic pullback within an uptrend — ideal for traders looking to enter on a retracement.
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📊 Trend Overview:
• Short-Term: Bullish 📈
• Medium-Term: Bullish
• Long-Term: Bullish
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⚖️ Momentum:
Neutral – RSI is sitting in mid-range, allowing room for either direction.
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📌 Key Levels:
• Support: $180 → $160
• Resistance: $200 → $225