The king is testing a major inflection point. This is where trends are made.
$SOL /USDT — Battle at The Bull-Bear Line ⚔️
Price is wrestling with the EMA(7) after a brutal downtrend. It's holding *just* above, showing resilience. The MACD on lower timeframes is hinting at a bullish divergence. This isn't a guaranteed bottom, but it's the first sign of a potential trend shift. A break here could trigger a massive relief rally.
🟢 LONG SETUP (Aggressive Reversal Play)
📌 Entry Zone:
102.50 – 103.50
🎯 Targets:
🥇 TP1: 106.00
🥈 TP2: 109.50 (EMA 25)
🥉 TP3: 112.00
🛑 Stop-Loss:
101.50 (Below the local swing low and consolidation)
Why This Could Work (trader logic only)
✅ Hidden Strength: Holding above the EMA(7) in a deep downtrend is the first sign of buyer conviction.
✅ Oversold Bounce: The 1Y chart is down -54%. The market is due for a significant counter-trend move.
✅ High-Impact Asset: A SOL bounce would drag the entire altcoin market, creating its own momentum.
⚠️ Important Rule:
This is a HIGH-RISK reversal attempt. Only enter on a confirmed push above 103.50 with increasing volume. A break below 101.50 suggests failure and a retest of $95. This is a momentum scalp, not a long-term hold. Size appropriately and use a tight stop.