📉 $SOL
(Solana) 4H Strategic Outlook: Pivot or Plunge?
Solana ($SOL) is currently trading at a critical technical inflection point. As the market remains under bearish pressure, we are identifying two high-probability setups based on current support and resistance clusters.
🧱 Key Levels to Watch:
Major Resistance: $80 – $82
Immediate Support: $75 – $72
Capitulation Floor: $67.5 (Major Low)
🟢 Scenario A: The Long Scalp (Bounce Play)
If $SOL holds the $75 level, we anticipate a relief rally as shorts begin to take profit.
Entry Zone: $75 – $77
Take Profit 1: $80
Take Profit 2: $82
Stop Loss: Below $72
🔴 Scenario B: The Short (Trend Continuation)
If the price fails to break above the $82 resistance, the bearish trend is likely to resume.
Entry Zone: Rejection at $80 – $82
Take Profit 1: $75
Take Profit 2: $72
Stop Loss: Above $84
⚠️ Risk Insight:
The overall market sentiment remains Bearish. Extreme caution is advised. We are seeing high volatility, so avoid over-leveraging. A daily close below $72 could open the doors for a retest of the $67.50 major low.
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