⚡ $SOL / USDT – TRADE SETUP ALERT! ⚡
Solana has been riding a strong bullish trend, bouncing hard from the $160–$165 support zone (200 SMA) and climbing toward $200. However, price faced rejection near $200, setting up a classic pullback opportunity within the uptrend.
📊 Price Action Recap
✅ Bounce confirmed at $160–$165 support
🚀 Push toward $200 resistance
❌ Rejection at $200 → market pulling back
⚡ Setup: Healthy retracement in an ongoing bull trend
📈 TRADE SETUP – LONG (Dip Buy Opportunity)
🔹 Entry Zone: $160 – $170
🎯 Target Range:
• TP1: $200
• TP2: $225
🛡️ Stop Loss: Below $160
🔍 Pattern Insight
This is a textbook pullback in an uptrend, ideal for traders aiming to enter on retracements before the next breakout leg.
📌 Trend Overview
Short-Term: Bullish 📈
Medium-Term: Bullish
Long-Term: Bullish
⚖️ Momentum Check
RSI = Neutral → plenty of upside room left
Volume holding steady = supports continuation
📌 Key Levels to Watch
🔑 Supports: $180 → $160
🔑 Resistances: $200 → $225
🔥 Market Outlook
As long as $SOL holds above $160, the bull structure remains solid.
A break above $200 with volume could unleash a rally straight into $225.
⚠️ Bearish Invalidation: If $160 breaks, expect deeper downside toward $150–$145.
⚡ Summary
$SOL is gearing up for its next major move. The structure favors bulls, with $160–$170 offering golden dip-buy entries before the next breakout attempt at $200 → $225. Smart traders will keep eyes on volume + support levels for confirmation.
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