Trendline Support Pattern in SOLUSD

15 Tem

Solana (SOLUSD) is currently holding a critical horizontal trendline support near the $157.20–$157.30 zone. Price has tested this level multiple times, confirming strong buyer interest around this area.

📈 Long Trade Setup:

Entry: Around $159.88

Stop Loss: Below $157.24

Target Zone: $162.59 and above

🟢 Chart Highlights:

Multiple rejections from the horizontal support zone marked in magenta, indicating strong base formation.

This level has acted as a springboard for bullish moves in previous sessions.

A successful bounce from here can initiate a short-term rally.

16 Tem

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