SOL tapped into the key demand zone near $157 and is now showing signs of a reaction bounce. Price is approaching the former support-turned-resistance zone around $184 — a critical level that marked the start of the previous breakdown.
A reclaim of that zone would suggest bulls are regaining control, opening up room toward the $190–$200 region. Until then, it remains a lower high attempt inside a bearish structure.
📌 Demand bounce
📌 Bearish market structure
📌 Key resistance at ~$184
No confirmed reversal yet — just a bounce until proven otherwise. Keep watching the structure evolve.
A reclaim of that zone would suggest bulls are regaining control, opening up room toward the $190–$200 region. Until then, it remains a lower high attempt inside a bearish structure.
📌 Demand bounce
📌 Bearish market structure
📌 Key resistance at ~$184
No confirmed reversal yet — just a bounce until proven otherwise. Keep watching the structure evolve.
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Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.