2026-02-24 06:58:25

Based on the 30-minute SOLUSDT chart, the price is currently trading at 76.60, testing a support zone near the recent low of 76.52. The 44-period SMA at 78.63 is acting as strong overhead resistance, confirming a bearish trend. However, the current level represents a potential bounce zone if demand steps in.

Given the proximity to support and the potential for a short-term rebound, a long trade with a tight stop below the recent low offers a favorable risk-reward if the level holds. The first target is the psychological resistance at 77.00, followed by the area near the recent high.

Entry: 76.60 (current market price)Stop Loss: 76.45 (below the recent low of 76.52)Take Profit: 77.00 (round number resistance)Risk-Reward Ratio: ~1:2.6 (risk 15 cents, reward 40 cents)

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