$SOL /USDT – BULLISH REVERSAL SETTING UP AFTER STRONG SUPPORT BOUNCE!
Current Price: $114.61
SOL/USDT has bounced sharply off the $113 zone after a steep drop, signaling a potential bullish reversal. Buyers stepped in aggressively at key demand, suggesting momentum could now shift to the upside.
Key Levels:
Resistance: $117.96
Support: $113.29
Current Price: $114.61
Trade Setup – LONG Entry:
Entry Zone: $114.00 – $113.50
Target 1: $116.50
Target 2: $117.96
Final Target: $120.81
Stop Loss: $111.64
Market Outlook:
The 15-minute structure shows a clean bullish reaction from demand with potential for a higher low formation. If the price sustains above $113.50, expect a move back toward $120+ region.
Risk Management Tip:
Stick to your stop loss, use proper lot sizing. Aim for 1:2+ RR and avoid emotional entries.
Ride the momentum, stay focused – Opportunity Favors the Prepared!
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