🚨 SOL/USDT Trade Signal – Short-Term Opportunity 🚨
📌 Current Price: $164.16 per SOL on Binance
📉 7-Day Performance: Down ~8.3%; weekly pullback creates a potential bounce zone
🛠️ Trade Setup:
Entry Zone: $162.50 – $163.50
**Take-Profit Targets:**
• TP1: $166.00
• TP2: $168.50
• TP3: $170.00
Stop-Loss (SL): Below $161.40 (24‑h low)
Risk Level: 1–2%
🧠 Market Context:
Solana has posted a ~10% weekly drop despite a solid increase in on-chain activity, including a 2.67% rise in TVL, which suggests strong ecosystem fundamentals .
A bullish harmonic pattern may be in play, with a CD leg potentially pushing prices toward **$170+** .
Analysts maintain longer-term bullish sentiment, with SOL forecast to reach $200 and beyond upon continued ecosystem adoption, including Solana Mobile’s expanding reach .