$SOL Update — Rebound in Progress, Key Reclaim Zone Under Test
$SOL has delivered a sharp reaction after sweeping liquidity below recent lows, with price now attempting to reclaim a previously contested congestion area. The bounce showed strong intent initially, but momentum is starting to moderate as price pushes into resistance created by earlier sideways activity.
📈 Trade Plan — Long Setup
Entry Zone: $81.00 – $82.20
Stop Loss: $79.00
Targets: $83.80 – $85.80
The move into the liquidity pocket triggered a fast upside reaction, confirming buyers were waiting in that region. However, as price climbed into prior chop, candles began overlapping and upper wicks started appearing — a classic signal that momentum is slowing while the market searches for direction.
Despite the cooling momentum, dips continue to get absorbed, suggesting underlying demand remains present for now. This creates a short-term equilibrium zone where both buyers and sellers are testing control.
At the moment, this area feels indecisive rather than strongly bullish or bearish. Because of that, I’m maintaining a reduced position size and avoiding additional entries until clearer confirmation appears. If price loses this reclaim zone and the quick bounce behavior disappears, I plan to exit the trade without hesitation.
For now, the structure still favors a cautious long bias on $SOL , but confirmation will come from whether buyers can sustain acceptance above this zone.
