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SOLANA at key support zone - Is $160 within reach?BINANCE:SOLUSDT has reached a major support level, an area where buyers have previously shown strong interest. This zone has acted as a key zone, increasing the likelihood of a bounce if buyers step in. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would strengthen the case for a move higher. If buyers take control, the price could rally toward the $160 target. However, a decisive breakdown below this support would invalidate the bullish scenario and could lead to further downside. This isn’t financial advice, just my take on how I approach support and resistance zones. Best to wait for clear confirmation, like a strong rejection or a volume spike, before making a move. Every trader has a unique perspective. Let’s discuss this setup within the TradingView community!
Long
by TrendDiva
35