SOLUSD AT CRITICAL ZONE: Bounce or Breakdown? | Price Action

Solusd has entered a major demand zone between $146.92 – $150.77, holding price for the last 24 hours. Buyers are showing signs of stepping in after a prolonged downtrend — could this be the start of a bullish reversal?

🔶 Key Technical Zones:

Demand Zone (Support): $146.92 – $150.77 🟠

Mid-Range Resistance: $165.70 🔷

Major Supply Zone: $183.18 🔵


📌 Current Price: $150.77
🔍 Recent Reaction: Strong bounce from the lower bound of demand, signaling potential accumulation

🚀 Bullish Targets If Momentum Builds:

1. TP1: $165.70 (~+10%)


2. TP2: $183.18 (~+21%)



🔔 What to Watch For:

1H or 4H bullish engulfing candle close

Break and retest of $155 for confirmation

RSI/Volume divergence or early reversal patterns


📉 Bearish Scenario: Breakdown below $146.92 opens room to revisit sub-$140 levels — caution advised if support fails.

💬 Your Move: Will bulls push SOL back to $180 or is another leg down coming?
Drop your predictions in the comments 👇 & Follow for daily crypto chart updates!

#Solana #CryptoTrading #SOL #TechnicalAnalysis #Altcoins #PriceAction #CryptoCharts #BuyTheDip