🚨 SOL/USDT — Oversold Bounce or Deeper Dump? 👀
Solana just got rejected hard from $110.60 and slid to $101.53 (-3.21% today). RSI(6) at 26.35 is flashing oversold — but bulls need to defend $100 fast or this could get ugly. ⚡
📊 Market Context:
SOL rallied from $93 → $110 in days, then reversed violently. Price is now testing the $100.31 low with volume cooling off.
🐂 Bullish Scenario: Reclaim above $103.84 → bounce toward $107.65
🐻 Bearish Scenario: Break below $100.31 → drop toward $96–$93 zone
💰 Spot Trade Plan:
Entry Zone: $100.50 – $101.80
🎯 TP1: $103.84
🎯 TP2: $107.65
🎯 TP3: $110.60
🛑 Invalidation: Below $99.50
⚠️ Not 100% guaranteed — manage risk accordingly.
#SOL #Solana #CryptoTrading
NFA. DYOR.
Solana just got rejected hard from $110.60 and slid to $101.53 (-3.21% today). RSI(6) at 26.35 is flashing oversold — but bulls need to defend $100 fast or this could get ugly. ⚡
📊 Market Context:
SOL rallied from $93 → $110 in days, then reversed violently. Price is now testing the $100.31 low with volume cooling off.
🐂 Bullish Scenario: Reclaim above $103.84 → bounce toward $107.65
🐻 Bearish Scenario: Break below $100.31 → drop toward $96–$93 zone
💰 Spot Trade Plan:
Entry Zone: $100.50 – $101.80
🎯 TP1: $103.84
🎯 TP2: $107.65
🎯 TP3: $110.60
🛑 Invalidation: Below $99.50
⚠️ Not 100% guaranteed — manage risk accordingly.
#SOL #Solana #CryptoTrading
NFA. DYOR.