Solana $SOL is showing strong technical indicators for a potential mean reversion, signaling a continuation of its bullish trend. The price has perfectly retraced to the 0.5 Fibonacci level and bounced back with strength, making it an attractive setup for traders.
Trading Plan:
• Entry Point: Start new trades at $195 or below to capitalize on the upward momentum.
• Target: Aiming for a move back to the $230 level, aligning with previous resistance zones.
• Stop Loss: Set a stop loss just below $190 to minimize risk.
💡 Always remember to DYOR (Do Your Own Research) before trading. Solana’s technicals look promising, but market conditions can change rapidly. #SOLUSDT
