SOL Current Price: 80.32
The price of SOL has gone down from 83. It is now staying around the 80 support area. People who buy SOL are coming in when it gets close to the 70s area where people want to buy it. The lowest price of SOL in the 24 hours was 77.92. This shows that buyers are willing to buy SOL when it gets that low. The funding rate is negative which is -0.014 percent. This means that people are selling SOL. This can actually help the price go back up if everything else stays the same. A lot of people are still interested in SOL, which's why the open interest is still strong at, around 779 million USDT.
Trade Plan – Swing Long
Entry Zone: 77.50 – 79.50
Stop Loss: 72.80
Targets:
• 88.00
• 96.00
• 108.00
• Extended: 120.00
Leverage: 3x–5x conservative
Risk–Reward: Approximately 1:3+ toward TP2–TP3
Setup Logic
The area, around 77 to 78 is what people are looking at. It matches what has been happening lately with prices going up and down. Long as the price of SOL stays above 72.80 at the end of each day the overall direction of SOL is still good. If SOL can get above 83 easily it will probably keep going up to around 90 or more.
If the price goes below 72.80 that is news. This would change the structure of the market. That would be bearish for the short term. The market would likely go down. Invalidation of the trend happens when the price is, below 72.80.
This is a structured swing setup — patience and disciplined risk control remain essential in volatile altcoin conditions.
