๐จ $SOL /USDT โ Sharp Pullback Hits Critical Demand Zone!
Will #Solana Defend $160 or Slide Deeper?
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๐Current Price: $164.03
๐ 24h Change: -5.10%
๐ 24h High: $173.46 | ๐ป 24h Low: $160.13
๐ 24h Volume: 3.31M SOL | $551.05M USDT
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๐ Market Overview:
Solana just experienced a steep drop from near $173 and is now testing the $160โ$165 support zone, a historically strong rebound area. A decisive move here will set the tone: bounce or breakdown?
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๐ Key Technical Levels:
Resistance Zone: $170 โ $174
Support Zone: $160 โ $165
Breakout Level: Above $174
Breakdown Level: Below $160
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๐ Bullish Scenario (if support holds):
Entry Zone: $161 โ $165
Targets:
TP1: $170
TP2: $175
TP3: $182
Stop Loss: $158
๐ Bearish Scenario (if $160 breaks):
Entry Zone: $158 โ $162
Targets:
TP1: $152
TP2: $145
Stop Loss: $166
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๐ก Pro Tip:
Watch for volume confirmationโa bounce on rising buy volume from $160 could lead to a quick recovery. No volume? Be ready for another leg down.
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๐ฅ SOL bulls, are you buying the dip or waiting for confirmation?
๐ง Drop your thoughts below, like โค๏ธ if you trade $SOL, follow for nonstop crypto signals, and request your next coin for analysis!
Buy And Trade Here On $SOL
163.98
-5.38%
