Just spotted an interesting setup on Solana ($SOL ) that might be worth watching closely. Here’s the scoop:
🟣 Recent Dip: SOL dropped sharply to a recent low of $140.21, losing more than 9% in a single session.
🔻 Previous Breakdown Zone: Price broke down from around $168, signaling a steep correction.
📉 Current Price: Hovering near $143.39, down around 1.89% in the last 24 hours.
🔍 Potential Long Entry Setup (Aggressive Play)
🎯 Buy Zone: $143–$145
💰 Target 1: $150
💰 Target 2: $156
🛑 Stop Loss: $139
📌 Why This Matters:
Strong Support Zone: SOL is testing a key support level — if it holds, we could see a solid bounce.
Volume Watch: Entry should be based on volume confirmation — a spike would suggest real buyer interest and validate the setup.
High-Risk Area: This is not for the faint of heart — we’re in a volatile zone. Tight risk management is a must!
📈 I'm keeping a close eye on $SOL for a potential bounce here. This setup isn’t financial advice — just sharing what I’m watching as a trader. DYOR and trade safe! 🔥
$SOL graph:
#Solana #CryptoTrading #LongSetup #BinanceSquare #SOL