$SOL /USDT SHOWING SIGNS OF A POTENTIAL REVERSAL ā WATCH FOR A BOUNCE ABOVE $154! š
$SOL currently trading at $151.42, posting a slight gain of +0.12% in the last 24 hours. Price action suggests consolidation near support with potential for a short-term bullish rebound if key levels break.
š Key Levels:
Resistance: $154.72 ⤠$158.80
Support: $147.47 ⤠$148.00
Current Price: $151.42
š Trade Setup (Long Idea):
Entry: $151 ā $152.50
Targets:
šÆ TP1: $154.50
šÆ TP2: $158.00
šÆ TP3: $160.00
š”ļø SL: $147.00 (Below 24h low and key support)
š Market Outlook:
SOL is testing a crucial support zone. If bulls manage to reclaim $154 with volume, a strong upside push toward $158ā$160 is possible. However, failure to hold above $150 could invite further downside.
ā ļø Risk Management:
Use strict stop losses, manage risk with 1-2% capital exposure per trade. Avoid revenge trading in volatile moves. Protect capital first ā profits will follow.