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

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SOLUSD AT CRITICAL ZONE: Bounce or Breakdown? | Price Action Solana / US DollarCOINBASE:SOLUSDFrankFx14Solusd 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