$SOL printed a strong dump followed by a sharp bounce from the $67 support zone — this is a reaction area with heavy buying volume. RSI was oversold → relief bounce started.
Trend is still bearish on higher timeframe until key resistance breaks.
Key Levels
• Support: $67 – $72
• Mid Support: $78 – $80
• Resistance: $92 – $96
• Major Resistance: $108
Trading Plan
Long Setup (Safer)
• Entry: $72 – $78
• TP1: $92
• TP2: $108
• SL: Below $66
Short Setup (Rejection Trade)
• Entry: $92 – $96
• TP: $80 → $72
• SL: Above $101
Outlook:
Currently a dead-cat bounce inside downtrend. Real bullish reversal only above $108.
⚠️ Market is highly volatile — always manage risk and avoid over-leverage.
#solana #sol #SOLUSDT #TechnicalAnalysis

SOL
76.64
-3.77%