$SOL /USDT – Reversal Attempt After Hitting Daily Low
Solana is trading at $180.81, recovering from a sharp dip to the 24H low of $175.63. The 15-minute chart now shows a short-term uptrend, with Parabolic SAR flipped below price at $176.99, signaling early bullish momentum.
🔍 Key Insights:
Rebound in Progress: Price is forming higher lows after bottoming at $175.63, suggesting buying interest is returning.
Resistance Area: The next resistance lies at $182.20 and $183.50, where price was previously rejected.
Support Zone: Immediate support is now seen at $178.50 – $176.90, aligned with SAR and recent candle bodies.
24H High: The daily high at $191.76 remains the longer-term breakout target if momentum continues.
📈 Trade Setup (Short-Term):
Entry: $179.50 – $180.50
Stop Loss: Below $176.50
Target 1: $182.20
Target 2: $184.50
Target 3: $188.00
A move above $183.50 with volume could trigger a run toward $190+. Keep SL tight due to recent volatility.