Stock analysis $SOL – Strong buying opportunity upon retesting an important support
The SOL stock offers a distinctive buying opportunity after retesting a deep and logical support level. The price sharply declined towards a historical demand area that saw strong buying activity. This decline is considered a healthy correction within a general upward trend, providing a high-value entry opportunity in preparation for the upcoming bullish wave.
🔶 Trading settings (Buy):
Entry area: 127.00 – 130.00
First target: 140.00
Second target: 150.00
Third target: 170.00
Fourth target: 200.00+
Stop loss: 122.00
Stock $SOL is testing one of the most important support levels, which is the area where smart capital accumulates.
The profit-to-risk ratio here is exceptional if the price rebounds towards its previous levels and regains bullish momentum.
