Interesting shift taking shape here as $SOL reacts strongly after the sharp selloff and immediately attracts buyers from the lower zone. The rebound wasn’t slow or hesitant, price snapped back with intent, showing that demand was sitting patiently below. What matters now is how well this recovery leg holds, since the recent pullback hasn’t erased much of the upside move, suggesting sellers aren’t fully in control yet.
If $SOL can stay supported above the recent rebound area, the path leans toward continuation rather than another deep sweep.
Trade Setup
Entry Zone: 122.8 to 124.0
Targets: 126.5 – 129.0
Stop Loss: 119.8
Do you see this move as the start of a stronger recovery for $SOL?
Or does price need one more dip before the next leg higher?
