🟱 $SOL — FUTURES LONG 📈 | 1D Oversold Bounce Setup

Solana is testing the 112–111.50 support area after a sharp pullback from the 124.95 high. Price is now near the lower Bollinger Band, creating a potential relief-bounce setup.

📍 Entry Zone: 112.00 – 113.00

🛑 Stop Loss: 109.80

🎯 TP1: 116.60
🎯 TP2: 118.10
🎯 TP3: 121.00

⚡ Futures Leverage: 10–20x

💰 Risk Management: Use only 1–2% of your total assets for this trade.

📊 Technical Context: ‱ SOL is testing the 112.17 area, close to the lower Bollinger Band at 111.52. ‱ Price has pulled back sharply from the 124.95 resistance. ‱ 116.60 is the first major recovery resistance. ‱ 118.10 is the Bollinger middle-band resistance. ‱ A reclaim above 118.10 would strengthen the bullish bounce. ‱ The 1D structure is still vulnerable after the recent rejection. ‱ This is a counter-trend LONG setup, not a confirmed reversal. ‱ A decisive break below 111.50 weakens the setup significantly.

⚠ Don't catch a falling knife. Wait for support rejection and confirmation before entering.

Trade $SOL Here 👇


⚠ Not financial advice. Trade at your own risk.

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