$SOL Fueling Up for a Bounce After the Dip
$SOL has pulled back sharply from its $181 high and is now hovering around $168. The 15-minute chart shows signs of stabilization, with buyers starting to defend the $166–$168 zone. A short-term reversal could be on the horizon if momentum builds.
Trade Setup – LONG
• Entry Zone: 167.80 – 168.80
• Target 1: 171.00
• Target 2: 174.50
• Target 3: 178.00
• Stop Loss: 165.80
Market Insight:
After a healthy correction, SOL is trying to form a base. If bulls push above $169 with volume, we could see a quick rebound toward the $174 area. Volume is picking up, and candle structure shows early recovery signs.
Pro Tip: Consider staggered entries near $168 and take partial profits at each target to manage risk while riding the move.