The market is buzzing as Solana (SOL) tests critical levels. After a period of cooling, price action has dropped right into our "Area of Interest" (AOI). We’ve seen an immediate reaction from buyers, but the million-dollar question remains: is this the definitive reversal toward the $300 mark?
Current structure suggests that the long-term bullish thesis is still alive, but patience is key. We have hit the demand zone where big players typically accumulate, and now we are looking for that high-confidence confirmation.
📊 Trading Signal: SOL/USDT
Direction: Long (Potential Reversal) 🔄
Stance: Observation for Confirmation
Entry Zone: $80.00 – $85.00 (Horizontal Support)
Target 1 (Mid-Term): $150.00
Target 2 (Main Objective): $300.00 🎯
Stop Loss (SL): $72.50 (Below recent swing lows)
🔍 Technical Breakdown
SOL has successfully tapped into the buying zone defined by the horizontal demand lines. While we are seeing a price bounce, Team Setupsfx_ is looking for a shift in market structure on lower timeframes (1H/4H) before going "all-in."
Bullish Case: Holding the $80 support maintains the macro-bullish structure for a run toward $300.
Bearish Warning: A breakdown below the $70 level would invalidate the reversal and suggest a deeper correction.
Risk Management: Cryptocurrency markets are volatile. Ensure you are using appropriate position sizing and protecting your capital.
What do you think? Is $SOL headed for $300 or lower? Drop your thoughts below! 👇
