Solana just tapped into a high-volume demand zone between $152 – $160, where buyers previously defended price. Volume is rising as we test this key area again. This could be the final flush before a move higher.
---
🔍 What’s Likely Next?
🔼 Bullish Outlook:
If SOL holds above $152.86, watch for a bounce to $168.51, followed by a potential break toward $183.18 where the supply zone is waiting.
🔻 Bearish Breakdown:
A close below $152.86 could trigger more selling, especially with USD-based volatility ahead (watch the macro events between June 3–7).
---
🧠 Market Psychology:
We’ve seen multiple rejections near $183, but also strong accumulation on dips. This looks like a textbook Wyckoff-style accumulation phase. Smart money could be loading up before the next leg.
---
🎯 My Trading Plan:
✅ Entering long at demand zone
🎯 Targets: $168.5 and $183+
❌ Stop loss: Just below $152
---
💬 Your Turn!
Do you see a bounce coming or will SOL drop further from here?
👇 Share your analysis in the comments!
🔁 Like & Follow FrankFx14 for more powerful setups like this one daily!
---
#SOL #Solana #Altcoins #CryptoTrading #TradingView #TechnicalAnalysis #LuxAlgo #PriceAction #BuyTheDip #CryptoSignals
---
🔍 What’s Likely Next?
🔼 Bullish Outlook:
If SOL holds above $152.86, watch for a bounce to $168.51, followed by a potential break toward $183.18 where the supply zone is waiting.
🔻 Bearish Breakdown:
A close below $152.86 could trigger more selling, especially with USD-based volatility ahead (watch the macro events between June 3–7).
---
🧠 Market Psychology:
We’ve seen multiple rejections near $183, but also strong accumulation on dips. This looks like a textbook Wyckoff-style accumulation phase. Smart money could be loading up before the next leg.
---
🎯 My Trading Plan:
✅ Entering long at demand zone
🎯 Targets: $168.5 and $183+
❌ Stop loss: Just below $152
---
💬 Your Turn!
Do you see a bounce coming or will SOL drop further from here?
👇 Share your analysis in the comments!
🔁 Like & Follow FrankFx14 for more powerful setups like this one daily!
---
#SOL #Solana #Altcoins #CryptoTrading #TradingView #TechnicalAnalysis #LuxAlgo #PriceAction #BuyTheDip #CryptoSignals
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✅ AUTOMATED BOT: dbot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.