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SOLUSDT: Strong Bounce from Major Support!!

has shown a strong recovery after hitting a major support zone around $110. This bounce is accompanied by good trading volume, indicating growing interest. Investors who missed the previous rally are now accumulating, which adds further strength to the bullish sentiment.

As market conditions improve, the entry of bigger players could push SOL towards higher highs. If momentum continues, there’s potential for SOL to breach its previous all-time high, with a long-term target of $500 in sight.

For investors, this presents a solid buying opportunity to hold for the long term. Traders, however, should manage their risk carefully and always set a stop loss to protect their capital.

Currently trading at $132  

Buy level: Above $110

Stop loss: Below $90

Target : $500

Max Leverage 3x

Always keep Stop loss  Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts