Watching $SOL stage a solid rejection at the 67.29 support level after a vertical drop, with the current daily candle attempting to close green. Buying pressure is starting to flicker at this oversold zone as we see longer lower wicks forming, making it feel like a relief rally to challenge the immediate resistance is currently loading.
The dip didn’t get continuation, and bids stepped in quickly, which looks more like absorption than distribution. Buyers are still defending the structure well, and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.
The push higher stalled quickly, and sell pressure showed up on the first test, suggesting this move is corrective rather than a trend shift. Momentum is rolling over again, and buyers aren’t getting acceptance above this zone, keeping downside continuation in play.
$SOL is showing powerful bullish momentum after holding above the 77.15 support zone. Price is forming higher lows with strong buyer activity, signaling a potential breakout. This is a perfect long entry opportunity as bulls aim for fresh highs around 83–85. Momentum is clearly shifting in favor of buyers—aggressive positions now have high-probability upside.
Trade Setup
Entry Zone: 78.20 – 78.60
Take Profit Targets: TP1: 83.00 TP2: 84.50 TP3: 85.50
Stop Loss: 77.00
Bulls are dominating—long positions are favored buy now!
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