#BinanceSquareFamily Mark my words Next target for $SOL looks set at $150 or even $160❗I've seen a lot of chatter and concern around #Solana lately some folks are bracing for a drop to $50, but honestly, that’s a far-fetched scenario. While a few are sitting tight, hoping for a pump, others are eyeing a dip just to jump in at a sweeter entry point....
$SOL /USDT – Bounce and Breakout? Bulls Attempt Recovery from Local Dip
Current Price: $143.01
Entry Zone: $141.50 – $143.20
Target 1: $144.90
Final Target: $147.50
Stop Loss: Below $139.00
Market Structure Insight:
$SOL printed a local high at $144.96 before dipping toward the $138.00 zone. Price has since rebounded sharply with a strong hourly green candle, suggesting renewed bullish momentum. The bounce near the higher low area supports continuation bias.
Trade Setup:
Long positions around $141.50–$143.20 offer exposure to a potential continuation rally. A close above $144.90 can open the door for a push toward $147.50. Stop-loss below $139.00 protects the setup from further downside.
Strategy Notes:
• Look for increasing buy volume on approach to $144.90
• Partial profit can be taken near the recent high ($144.90)
• Hold remainder for potential extension toward $147.50
• A move below $139.00 invalidates the bullish bias
This trade favors short-term trend followers aiming to ride the recovery leg as SOL builds upward pressure following a healthy pullback.
SOL
142.17
+1.27%