The price of the stock $SOL is pressing on the support level while the Relative Strength Index (RSI) is in the oversold zone. This looks like a pressure situation and not a collapse.

Option: Buy stock $SOL

Entry Price: $82.5 - $83.4

Stop Loss: $79.8

Targets: $86 - $92 - $102

The short-term trend is weak, but the selling pressure is strong. The Relative Strength Index (RSI) shows exhaustion, and the price continues to defend the support level with good liquidity. If buyers enter, a rebound towards the resistance level is likely. The risk is clearly defined below the support level, making the risk-to-reward ratio attractive for a return of 10 to 20 times.

Buy stock $SOL #sol #solana #cryptouniverseofficial #Binance #Afsheenkhan1

SOL
SOLUSDT
85.3
+1.86%