$SOL is stabilizing at a major structural floor after a sharp 20% correction, signaling a high-probability reversal zone. ๐
Long $SOL
Entry: 117 โ 119
SL: 115.4
TP1: 124
TP2: 126
Solana SOL is retesting a key "definitive support" zone following a broad market sell-off from the $148 range. The price recently bounced off a six-week low of $117.13. Current consolidation within the $118 - $120 pocket suggests buyers are stepping in to defend this crucial multi-month structural floor.
As long as the $116 support holds on a daily closing basis, we anticipate a relief rally. This could test the $126 resistance cluster.
Trade $SOL here ๐
(SOLUSDT)
