SOLUSD Fake Breakout & Reversal Setup | 15-Min Chart

Jul 4

After a fake breakdown below the recent support, Solana (SOLUSD) is showing signs of reclaiming strength. Price has retested the $149.97 level, which acted as a key zone of liquidity, before resuming its upward march.

This move suggests that the earlier dip was a liquidity hunt, shaking out weak hands before a potential reversal.

📈 A bounce from $149.97 can trigger a bullish move toward the $151.35–$151.77 resistance zone.

Key Levels:
🔹 Retest Support: $149.97
🔹 Resistance Zone: $151.35–$151.77
🔹 Bullish Confirmation: Break and close above $151.77 with volume

Watch price action closely around $149.97 for confirmation of the reversal.

Jul 4

Trade active

Target done