🚨 SOL SIGNAL ALERT — This is the level I'm watching!
⚡ SOLANA (SOL/USDT) — DAILY SETUP | June 5, 2026
Current Price: ~$69 – $72
24h Change: −8.5% 📉
Market Cap: ~$44B
ATH: $293 | Current drop: ~70% below peak
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📍 ENTRY ZONE: $68.00 – $72.00
🎯 TARGET 1: $84.00 (+16%)
🎯 TARGET 2: $91.00 (+26%)
🛑 STOP LOSS: $62.00 (−9%)
📊 R:R RATIO: 1 : 1.8
⏱ TIMEFRAME: Daily chart
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🧠 Why I'm watching this level:
1️⃣ RSI at 37.85 — approaching oversold on daily. Last time RSI hit this zone on SOL, we saw a 30%+ bounce.
2️⃣ SOL is trading BELOW all major EMAs (20, 50, 100, 200-day) — bearish structure BUT these extreme oversold dips historically attract dip buyers.
3️⃣ $68–$72 is a historically strong demand zone — heavy accumulation happened here in late 2025.
4️⃣ SOL ETF volume is growing despite price drop — smart money may be quietly accumulating 👀
⚠️ RISK to watch:
→ If $68 breaks with volume = high risk of flush to $60–$62
→ Do NOT enter without a confirmed bounce candle (green daily close above $72)
🎯 My plan: Wait for a daily close ABOVE $72 as entry confirmation. Then hold for $84 and $91 targets.
💬 Are you buying SOL here or waiting for $60?
Drop your levels below 👇
⚠️ Not financial advice — always DYOR. Manage your risk.
Follow for daily signals 🔔
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