Solana ($SOL ) — Short-Term Reversal Attempt 🚀
Entry: 79.0 – 80.0 🟩
Stop Loss: 76.5 🛑
Target 1: 82.5 🎯
Target 2: 85.0 🎯
Target 3: 88.0 🎯
Structure Overview
• Strong bounce from the 77 demand zone
• Developing higher lows on 1H
• Reclaim of 78.5–79 area as potential support
• Room toward prior supply at 82–85
If 78.5–79 holds, continuation toward the 82–85 liquidity pocket becomes technically reasonable. Acceptance above 85 would open the path toward 88.
⚠️ About 20x Leverage
20x dramatically increases liquidation risk.
A ~5% adverse move can wipe out the position.
With tight invalidation at 76.5, volatility spikes or wicks could trigger stops quickly. Position sizing and margin management are critical here.
Invalidation
A clean breakdown and acceptance below 76.5 invalidates the short-term reversal thesis and shifts structure bearish again.
High leverage = precision required. Let confirmation lead, not emotion.
Disclaimer: Trading involves risk. Not financial advice.
#sol #solana #cryptotrading 🚀$SOL
