$SOL IS TESTING KEY SUPPORT THAT COULD SPARK THE NEXT LEG UP ⚡
Entry: 79.80 - 80.30 🔥
Target: 84.50 🚀
Stop Loss: 78.80 ⚠️
Solana is retesting the support zone between 79.80 and 80.30. This level has acted as a demand zone in recent weeks, with multiple bounces originating from this area. Structure on the lower timeframes shows a liquidity sweep below the prior low, which often precedes a reversal if buyers step in.
The risk-to-reward on this setup is asymmetric—the nearest resistance sits above 81.80, while a break above 84.50 opens the door for a push toward the next structural high. Are you positioning here or waiting for confirmation?
Not financial advice. Always manage your risk.
#SOL #LongSetup #SupportTest #Crypto
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Entry: 79.80 - 80.30 🔥
Target: 84.50 🚀
Stop Loss: 78.80 ⚠️
Solana is retesting the support zone between 79.80 and 80.30. This level has acted as a demand zone in recent weeks, with multiple bounces originating from this area. Structure on the lower timeframes shows a liquidity sweep below the prior low, which often precedes a reversal if buyers step in.
The risk-to-reward on this setup is asymmetric—the nearest resistance sits above 81.80, while a break above 84.50 opens the door for a push toward the next structural high. Are you positioning here or waiting for confirmation?
Not financial advice. Always manage your risk.
#SOL #LongSetup #SupportTest #Crypto
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