$SOL /USDT – Holding Key Support at $217 | Bulls Preparing for $230 Reclaim 🚀🔥

Signal Type: 🟢 Buy

Entry Zone: 💰 $220 – $222

Take Profit Targets:

🎯 TP1: $226

🎯 TP2: $230

🎯 TP3: $236

Stop Loss: 🔻 $216

Technical Analysis:

Solana is currently trading near $222.27 (+0.42%), after a healthy pullback from $231.64. The price has found solid support around the $217–$220 zone, which aligns with a key demand area and the 20 EMA on the 4H chart.

Bullish divergence is appearing on the RSI, suggesting a potential bounce. If SOL closes above $224, it could trigger a continuation move toward $230–$236.

Trade Strategy & Risk Management:

⚙️ Accumulate within $220–$222 support zone.

📈 Add confirmation after breakout above $224.

💼 Risk ≤ 2% of portfolio per trade.

🔒 Move SL to entry once TP1 hits for risk-free trade.

📘 Disclaimer: This setup is for informational and educational purposes only and should not be taken as financial advice. DYOR and manage risk wisely.

#sol