๐จ $SOL
/USDT โ Is the Correction Over or More Pain Ahead? ๐ป
$SOL has taken a sharp -8.54% dip, now hovering near $146.23. After reaching a 24h high of $160.46, itโs battling support near $140. Could this be a buy-the-dip opportunity, or are we heading lower?
๐ Market Overview
๐ Current Price: $146.23
๐ 24h High: $160.46
โ๏ธ 24h Low: $140.21
๐ฆ 24h Volume (SOL): 5.48M
๐ฐ 24h Volume (USDT): $807.87M
๐ Technical Snapshot:
EMA Trend: Rejection from upper bands
Bollinger Bands: Expanding โ high volatility in play
MACD: Bearish crossover forming
Parabolic SAR: Above price โ downtrend active
๐ $SOL Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $solHolds Above $145):
Entry: Above $147
Targets: $152, $157, $162
Stop-Loss: $143
๐น Bearish Scenario (If $solDrops Below $143):
Entry: Below $143
Targets: $140, $136, $130
Stop-Loss: $147
๐ SOL Trading Insights
โ Heavy volume shows interest โ but mostly reactive selling
โ ๏ธ $140 is a strong historical support โ eyes on this zone
๐จ Reclaim of $150 could ignite a relief rally
๐ก Pro Tip:
Watch for a bounce from $140โ$145 range. If $solstabilizes with increasing volume, a recovery to $155+ could follow quickly.
๐ข Whatโs your play hereโbuying the dip or waiting for confirmation?
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