🚨 #SOLANA DIPS – Opportunity or More Pain? 🚨
SOL/USDT: $144.99 (-4.80%)
#Solana just took a hit, dropping over 7 bucks from the day’s high of $156.66 to a low of $144.99. But here’s where it gets interesting:
🔍 Support Zone Heating Up
We’re seeing buy walls stacking around $145 – $142. The volume at $144.99 shows bulls are trying to hold the line. Stronger support also lies at $138 and $136, which could act as a bounce zone if we dip further.
🚀 Rebound Potential
If SOL manages to reclaim $150 with good volume, the next resistance levels are lined up at:
📍 $154.00 – Short-term breakout zone
📍 $156.00 – Needs strength to flip this
📍 $160+ – Bullish continuation target
📉 Breakdown Risk?
Losing $142 with high sell pressure could trigger a drop toward $138 or even $135. Keep an eye on volume and market sentiment.
🎯 Targets:
• Short-Term Bounce: $151 – $154
• Mid-Term Bull Case: $160+
• Caution if Below: $142
🧠 Strategy Suggestion:
Scalp traders can eye quick entries around $145 with tight SLs. Swing traders should wait for reclaim of $150+ with volume confirmation.
📢 Let me know your entries and exit plans. Bull trap or real reversal incoming? 🐂📉