Solana (SOL): Bullish Reversal Setup?
Solana is showing a potential bullish setup as price reacts to the $107.50–$109.00 support zone. Weekly, Daily, and H4 support alignment, combined with a potential H1 bullish engulfing pattern, could signal a recovery if buyers maintain control.
🎯 Trade Setup:
🟢 Buy Zone: $107.50–$109.00 🛑 Stop Loss: $105.68 🎯 TP1: $115.87 🎯 TP2: $122.00 🚀 Extended Target: $125.00
Trading Strategy: Wait for bullish confirmation and sustained support before entering. A breakdown below support could invalidate the setup.
Solana is showing a potential bullish setup as price reacts to the $107.50–$109.00 support zone. Weekly, Daily, and H4 support alignment, combined with a potential H1 bullish engulfing pattern, could signal a recovery if buyers maintain control.
🎯 Trade Setup:
🟢 Buy Zone: $107.50–$109.00 🛑 Stop Loss: $105.68 🎯 TP1: $115.87 🎯 TP2: $122.00 🚀 Extended Target: $125.00
Trading Strategy: Wait for bullish confirmation and sustained support before entering. A breakdown below support could invalidate the setup.
