Solana (SOL/USDT) Analysis$SOL
The price is trading within a rebound accumulation range above the 24-hour low at 117.06, where it is currently at 118.14. The 1-hour timeframe (1h) shows stable and consolidated price movement above the local support level of 116.32, supporting rebound opportunities to retest the 24-hour high at 122.83.
Trade type: Buy (Buy / Long)
Entry zone: 117.50 - 118.30
First target: 120.30
Second target: 122.80 (retesting the 24-hour high)
Stop Loss: 116.50 (break below the 24-hour low and holding under it)
The price is trading within a rebound accumulation range above the 24-hour low at 117.06, where it is currently at 118.14. The 1-hour timeframe (1h) shows stable and consolidated price movement above the local support level of 116.32, supporting rebound opportunities to retest the 24-hour high at 122.83.
Trade type: Buy (Buy / Long)
Entry zone: 117.50 - 118.30
First target: 120.30
Second target: 122.80 (retesting the 24-hour high)
Stop Loss: 116.50 (break below the 24-hour low and holding under it)
