🚨 **$SOL AT CRITICAL SUPPORT – NOT A TREND REVERSAL** 🚨
This analysis outlines a potential LONG opportunity for $SOL.
Entry: 124 – 130
SL: 118
TP1: 145
TP2: 165
TP3: 170 – 190 (lower-high / distribution zone)
**Analysis:**
On the 3D timeframe, $SOL is reacting from a critical long-term support zone. Selling momentum is slowing, and historically, this area tends to produce at least a relief bounce, not an immediate breakdown. 📈
It's crucial to note that this setup projects a bounce to a lower high, not a bullish trend flip. The 170–190 zone is expected to act as heavy supply, where sellers are likely to reassert control. Overall structure remains bearish on higher timeframes. 📉
Our broader thesis points to a deeper breakdown later, rather than immediately.
**Invalidation:** A decisive close below 118. This would signify early support failure and invalidate the bounce thesis.
Trade the reaction. Respect the structure.
(SOLUSDT)
