Market Outlook — $SOL 1h Price Action
#SOL remains in a short-term bearish trend but is testing a critical demand zone near 182.24, hinting at a potential bounce. A confirmed hold above this level could pave the way for a move toward resistance around 186.7–188.6.
Watch for bullish reversal patterns near 182.24 to signal a possible recovery targeting the 186.7–188.6 area. Conversely, failure to break above 188.6 with a strong bearish rejection may open opportunities for a short targeting a retest of 182.24 or lower. A sustained break above 188.6 would shift the bias toward higher levels near 192. This setup favors caution given prevailing bearish momentum. This note is abridged. The full analysis with TP/SL/entry levels and advanced setups is inside the Finora Telegram bot.
⚠️ This is an AI analysis and not financial advice.
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