🚀 $SOL : Bounce or Breakdown?
Solana is currently testing a critical floor at $86.49. With the price hovering near the 24h low, the next few candles will decide if we rally to $100 or slide toward $80. Here’s the play:
📊 Trade Plan
Entry: $86.50 - $87.00
SL: $83.50
TPs: $90.50 | $94.20 | $97.60
🔍 Why This Setup?
Oversold Signal: KDJ indicators suggest a short-term bottom is forming.
Mean Reversion: Price is overextended below the MA(99), hinting at a corrective pump.
Support Hold: Holding the $85.00 psychological level despite selling pressure.
⚖️ Debate
Bulls: "This is a massive discount before the next leg up to $100+."
Bears: "Lower highs on the 4H chart suggest the downtrend isn't over yet."
Trade $SOL here