Trendline Support Pattern in SOLANA (15-min chart)

3 Haz

SOLANA has formed a clean trendline support with multiple strong rejections near the $157.60–$157.80 zone, as highlighted by the blue arrows. After a brief consolidation and support confirmation, price is now attempting to reclaim upward momentum.

📌 Entry: Around $159.50
🎯 Target: $161.40
🛑 Stop Loss: Below $157.60
🔁 Risk-Reward Ratio: Favorable setup (approx. 2:1)

🧠 This setup is based on a bullish reversal at horizontal trendline support, often a reliable short-term bounce zone in volatile assets like SOL.

3 Haz

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