$SOL LONG — Bounce Setup at 88.80 Support, Target 90.26
Everyone is expecting another dump, but $SOL might be about to surprise the bears.
SOL is trading around 88.94, and price has been making lower highs with sellers in control. Now it is approaching the 88.80–88.90 support zone, where buyers previously stepped in — this is exactly where I want to see how the market reacts.
Trade setup:
Entry: at current market price
Take Profit: 90.26
Stop Loss: 88.50
I am planning a LONG on $SOL around the current price, expecting buyers to defend this zone and push price back toward 90. If buyers manage to reclaim 89.40 and then 89.80, momentum could build toward the target.
The short-term structure is still bearish, so this is not a confirmed reversal. If support breaks, the bullish setup is invalidated. But this is a calculated risk — SOL has a chance to surprise the bears here.
Let's see if buyers can take control again.
Everyone is expecting another dump, but $SOL might be about to surprise the bears.
SOL is trading around 88.94, and price has been making lower highs with sellers in control. Now it is approaching the 88.80–88.90 support zone, where buyers previously stepped in — this is exactly where I want to see how the market reacts.
Trade setup:
Entry: at current market price
Take Profit: 90.26
Stop Loss: 88.50
I am planning a LONG on $SOL around the current price, expecting buyers to defend this zone and push price back toward 90. If buyers manage to reclaim 89.40 and then 89.80, momentum could build toward the target.
The short-term structure is still bearish, so this is not a confirmed reversal. If support breaks, the bullish setup is invalidated. But this is a calculated risk — SOL has a chance to surprise the bears here.
Let's see if buyers can take control again.
