I’m looking at $SOL trying to recover after that sharp drop, but the bounce is still sitting below the MA60 at 82.03. For me, that’s the main resistance area right now, especially with price only around 81.64.
The rebound from the visible low near 81.12 is encouraging, but I’d want to see SOL reclaim 82.03–82.21 before considering the upside seriously. If it keeps getting rejected below the MA60, another move toward the recent lows is possible.
📍 Entry: 81.90–82.03
🎯 TP1: 81.40
🎯 TP2: 81.12
🎯 TP3: 80.58
🛑 Invalidation: Above 82.21
If price breaks and holds above 82.21, I’d step away from this setup because the rejection thesis would be weakening.
I’m not chasing this bounce. I’d rather wait for a clear reaction around the MA60 and let SOL show whether buyers can actually take back control.
The rebound from the visible low near 81.12 is encouraging, but I’d want to see SOL reclaim 82.03–82.21 before considering the upside seriously. If it keeps getting rejected below the MA60, another move toward the recent lows is possible.
📍 Entry: 81.90–82.03
🎯 TP1: 81.40
🎯 TP2: 81.12
🎯 TP3: 80.58
🛑 Invalidation: Above 82.21
If price breaks and holds above 82.21, I’d step away from this setup because the rejection thesis would be weakening.
I’m not chasing this bounce. I’d rather wait for a clear reaction around the MA60 and let SOL show whether buyers can actually take back control.