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$SOL just went through a deep correction after failing to ho

Marcus Corvinus

Updated at: 6 hours ago

{"content":"$SOL just went through a deep correction after failing to hold the 168 zone. I’m seeing clear exhaustion from buyers at the top, followed by a sharp drop to 155 where strong buying volume kicked in. That bounce from 155.87 shows bulls are defending that area with confidence. Now, SOL is back above 161 and forming higher candles, showing early signs of recovery. If this base holds, it becomes a strong foundation for another upward push toward the previous resistance area. Here’s my full setup 👇 Entry Point: 160 – 162 range (accumulation zone) Target 1: 165 Target 2: 169 Target 3: 174 (extension if momentum builds) Stop Loss: 155 This setup is possible because 155.87 acted as a clean reaction zone, and the KDJ lines are crossing upward a signal of short-term bullish reversal. Once SOL breaks above 164 with volume confirmation, we could see a move back toward 168 quickly. I’m watching how SOL behaves around 160 if buyers stay active and keep volume steady, the recovery could continue smoothly. Trade with focus and discipline. Let’s go and Trade now $SOL ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/04/6ddb9f79dae14be48401a826a65f7161.jpg"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}

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