SOL / TetherUS

SOL Daily Recap: Breakout or Reversal Ahead?

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Solana (SOL/USD) recently tested the daily trendline support around $174.09 and bounced, with price action now approaching the FVG target zone near $189.55. The bullish move pushed toward the watch imbalance zone at $200, hinting at a potential breakout toward upper liquidity at $240 if momentum holds. However, the order block rejection near $210 suggests caution—watch for a bearish reversal if it fails to break, targeting lower liquidity at $153.11. With Stoch RSI entering oversold, a bounce or further dip could be next—keep an eye on $200 as the key pivot!

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