Why this setup?
•$SOL has been identified as a key coin with strong interest this month and potential upside if it breaks technical resistance. �
• It’s currently trading near support levels with a possible breakout if buyers step in.
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Trade Setup (Example):
• Entry: Around current support ~$120–$125 area (look for price holding above this zone) �
• Stop-Loss: Below ~$115 (protect against deeper pullback)
• Target: First profit zone near $156–$160 breakout area
• Timeframe: Short-term swing (1–3 days if momentum increases)
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Rationale:
Solana has historically shown strong rebounds off its support levels and could see a short-term bounce toward the resistance zone mentioned above. Market participants looking for a tradeable setup can watch for increased volume or RSI reversal signals before entering. �
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