🚨 SOLANA ALERT: $98.62 REJECTION — IS A BOUNCE COMING? 👀
$SOL is trading around $100.44, down 4.03%, after a sharp sell-off pushed the price to $98.62.
Buyers have stepped in, triggering a rebound. But don't confuse a relief bounce with a confirmed trend reversal! ⚠️
📊 KEY LEVELS TO WATCH
🟢 Support: $98.60–$99.00
🟡 Immediate Resistance: $100.80–$101.00
🔴 Major Resistance: $102.00–$102.20
📈 LONG SETUP — ONLY AFTER CONFIRMATION
Entry: $100.80–$101.00 after a breakout and successful retest
Stop-Loss: $99.90
🎯 TP1: $101.50
🎯 TP2: $102.10
🎯 TP3: $103.00
📉 BEARISH SCENARIO
If SOL loses $98.60 with strong selling pressure, the recovery could fail and further downside may follow. Avoid catching a falling knife.
🔥 MY STRATEGY I'm watching the $101 zone closely. A strong 15-minute candle close above this level, supported by buying volume, could give bulls a chance to push higher. Until then, patience is the smarter trade.
👇 YOUR TURN, TRADERS!
Will
$SOL recover toward $103, or will sellers push it below $98.60?
Vote with your analysis in the comments! 👇
#SOL #Solana #SOLUSDT #cryptotrading #TechnicalAnalysis