SOLANA ($SOL ) DIPS 8%, THEN BOUNCES — IS THIS A BEAR TRAP OR THE REAL TURNAROUND? 🧭
Price: $147.30 (–6.02% today)
24H Low: $140.21
24H High: $160.46
After crashing nearly $20 in hours, SOL hit $140.21, its intraday floor — but bulls are now showing signs of a rebound.
📊 Market Pulse:
Price is pushing back from the $140 zone, reclaiming $147 — a key psychological level
Volume: Over 800M USDT traded — clear sign of interest
Order Book: Bearish dominance at 57.11%, but buyers gaining pace
📈 Trend Watch:
Today: –7.94% 🔻
30 Days: –17.42% 📉
90 Days: +11.17% 🟢
180 Days: –32.53% 🔻
📌 Strategic Insight:
A breakout above $148–150 may signal bullish continuation.
Tight SL (Stop-Loss) below $143 can help manage downside risk for aggressive entries.
Caution: If rejected below $147, price may retest $140–142 support.
💬 Narrative: Is $SOL showing resilience? Or is this just a pause before the next leg down? Smart money will be watching the next few candles closely.
🧠 Pro Tip: Don’t chase pumps. Let the levels come to you. Volatility is your tool — not your trap.
⚠️ Disclaimer: This is not financial advice. Markets are volatile — always DYOR and trade responsibly.