SOL, the current movement is quite interesting. The support zone around $84 is surprisingly strong. Even after the recent market correction, buyers are firmly supporting the lower $80s. Looking at the chart, you can see that this area is an important support zone.



In such situations, I think it's good to aim for entry points around $83–84. This setup expects a rebound from local demand. The risk-to-reward ratio is also quite favorable. The target is $88, and it might even be worth looking at $92. Placing a stop-loss below $80.50 should be sufficient for risk management.

This is a viable situation for a short-term swing trade. The key will be whether buying pressure comes in properly.
SOL0,13%
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