SOL is coiling for a snapback.
🟢 $SOL - LONG
Trade Plan:
Current Price: 81.80
Entry: 79.60 – 82.80 (zone)
SL: 75.20
TP1: 86.80
TP2: 89.80
TP3: 93.50
SOL is sitting in one of those inflection zones that can flip sentiment very fast. Binance futures shows the market around 81.80, while multiple recent analyses place SOL inside a tight support band around $80–$83 with immediate resistance in the $84.9–$88 area, which makes this a strong dip-buy framework instead of a chase.
The edge here is momentum exhaustion. Recent TradingView commentary flagged 4H RSI in oversold territory after price pierced demand, and MEXC’s April 7 analysis cited RSI at 38.44 with a potential reversal toward the $85–$90 region if resistance starts giving way.
Open interest on CoinGlass remains elevated above $4.85B, so there is plenty of leveraged fuel for a bounce if buyers reclaim the top of the range. If SOL squeezes back through the low-80s and starts printing higher lows, the move can accelerate quicker than most traders expect.
Are you treating this as a relief rally, or the start of a broader trend reversal?
Click below for trade 👇
Setup valid as of analysis time. Crypto moves fast — always verify live chart on Binance before entering. DYOR & manage risk!
$SOL
