$SOL 1H | Ready for the Bounce?
Long $SOL
• Entry: 81.80 – 82.10
• Stop Loss: 81.00
Targets:
• TP1: 84.04
• TP2: 84.49
• TP3: 85.06
SOL is showing a strong healthy consolidation after the sharp rejection from the 87.00 zone. Price has now compressed right above the 81.47 – 81.90 support cluster, where buyers are defending with multiple clean wicks and higher lows. This looks more like a shakeout than a full reversal.
The bullish bias remains valid as long as SOL holds above 81.00. With volume starting to pick up on the lower timeframes, this setup has the ingredients for a bounce toward 84.04 first, then the 84.49 – 85.06 resistance band if momentum follows through.
A strong 1H close above 82.50 with volume would be the confirmation signal for the next leg up. If 81.00 breaks cleanly, the setup invalidates and downside continuation becomes likely.
Trade $SOL here 👇🏻
