Solana $SOL is showing signs of a strong comeback after tapping a key support level. We’re seeing a classic structural shift that looks ready to run.
The Trade Plan
* Direction: LONG 📈
* Entry Zone: $138.62 – $138.84
* Stop Loss (SL): $137.88 (Invalidation point)
Take Profit Targets
* Target 1: $140.10
* Target 2: $141.00
* Target 3: $142.00 – $143.00 (Moon bag)
Why are we entering?
* Double Bottom Support: Price successfully tested and held the demand zone at $138.30, forming a solid "Double Bottom" base.
* Structural Break: SOL just cleared local resistance at $138.62. This flip from resistance to support confirms the bulls are back in control.
* Liquidity Targets: There is a "magnet" effect toward the supply zones at $140.10 and $141.00 where short sellers are likely positioned.
* Risk Management: The Stop Loss is placed strategically just below the recent swing low. If we break that, the bullish thesis is no longer valid.
> Note: Always manage your risk and position size according to your personal trading plan.
