$SOL just ran from $84.36 to $87.40 and then got hit with a sharp selloff back into the $84.8–$85.0 demand zone. Now price is bouncing and sitting near $85.77.

That makes this a real decision area.

The upside is clear: buyers already showed they’re willing to defend the lower band aggressively. The risk is also clear: SOL is still trading below the local spike high, so this bounce needs follow-through fast or it turns into another failed recovery.

EP: $85.6–$85.2

SL: $84.6

TP1: $86.2

TP2: $86.9

TP3: $87.4

Why this setup looks hot:

SOL flushed into the same lower zone that launched the earlier expansion, then snapped back with strength. If bulls hold $85.2–$84.8, this can build into a reclaim move toward $86.2 first, then a retest of $86.9 and the session high near $87.4.

Lose $84.6, and the bounce starts to look weak.

Hold the reclaim zone, and SOL can squeeze hard again.

Let’s go.