$SOL is looking heavily oversold on the 1H timeframe, setting the stage for a potential relief bounce toward the moving averages. Watching for a recovery move!

Long setup on $SOL (SOLUSDT Perp)

Entry Zone: 83.6 – 84.2

TP1: 87.9
TP2: 91.1

Stop Loss: 81.1

Current Price: 84.34

Be careful: The broader bearish pressure remains a risk, and failure to hold the entry zone could lead to further downside.

$SOL
#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #NvidiaInvestigatesAfterHuang’sAffairApology #CanNvidiaEarningsEaseMarketConcerns? #ADPWeeklyEstimateShowsUSPrivatePayrollsUp19750