SOL: Step Finance Breach & Extreme Oversold RSI! 🚨📈
$SOL has hit a critical support at $112.67 following news of the Step Finance $30M exploit! 😱 The RSI (6) is at 19, signaling an extreme oversold state. Despite the temporary FUD, Visa's multi-chain expansion and WisdomTree's tokenization on @Solana Official confirm that institutional demand is higher than ever. Is this the ultimate "Buy the Dip" before the $140+ flight? Check the setup! 💰⚖️
🟢$SOL Buy Long Trade Setup in spot (Breakout Strategy):
Entry: $117.00 – $118.50 (1H Candle Close Above Resistance)
Target (TP): $138.00 (+18% Profit)
Stop Loss (SL): $109.90 (6% Loss)
My Pick: BUY Trade 🟢
With technical exhaustion at a peak and high-conviction institutional fundamentals, a recovery rally is the high-probability play. Wait for the 1H candle confirmation and stick to the plan! 🚀💎
ID: Karim Trades 123 👑
Trade Long $SOL here👇 now in spot
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