$SOL /USDT Analysis: Potential Rebound Zone? 📉🚀

SOL
SOLUSDT
103.09
-1.39%

Market Observation:

Solana (SOL) has seen a significant pullback from its recent high of 144.40. Currently, it is trading near a support level around 139.48. The 5m chart shows some selling pressure, but we are approaching a zone where buyers might step in.

* Current Price: 139.48

* 24h High: 144.40

* 24h Low: 136.30

Trading Signal 🚦

* Entry Zone: 138.50 - 139.50

* Target 1: 141.20

* Target 2: 143.00

* Target 3: 144.40 (Resistance)

* Stop Loss (SL): 136.00 (Crucial support)

Analysis:

If SOL holds the 138.50 level, we could see a bounce back towards the 142.00 area. However, if it breaks below 136.30, expect further consolidation. Use small leverage and manage your risk!

#SOL #Solana #CryptoAlert #Write2Earn #BinanceSquare