Solana (SOLUSD) 4H Analysis – Rejection From Demand Zone

Solana is showing strong signs of accumulation after tapping a key 4H demand zone. Price is now stabilizing above $146 and may be preparing for a bullish push toward key resistance levels.

📌 Key Technical Highlights:

🔸 Strong Demand Zone – $146.92 to $140.00:
This orange zone has served as a launchpad in the past, and recent bullish rejection suggests buyers are active again.

🔸 Mid-Range Resistance – $165.70:
A previous flip zone and potential short-term target. If SOLUSD holds above $146, this level is likely to be tested again soon.

🔸 Major Supply Zone – $183.18:
This level marks a strong overhead resistance from previous highs. A break above $165 would bring $183 into focus.

🔄 Current Market Behavior:

SOL recently formed a double-bottom structure at demand.

Price is now pulling back slightly after a short-term bounce.

If buyers defend the $146 level again, expect a new wave toward $165.


🎯 Trade Setup:

Buy Zone: $146–$150

TP1: $165

TP2: $183

Stop Loss: Below $140


🧠 Insights:

With market sentiment gradually improving across altcoins, Solana is looking primed for a relief rally. A breakout above $165 would invalidate the lower high structure and confirm a trend reversal on the 4H chart.


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