Technical analysis by FrankFx14 about Symbol SOL: Buy recommendation (6/1/2025)

Solana just tapped into a high-volume demand zone between $152 – $160, where buyers previously defended price. Volume is rising as we test this key area again. This could be the final flush before a move higher.---🔍 What’s Likely Next?🔼 Bullish Outlook:If SOL holds above $152.86, watch for a bounce to $168.51, followed by a potential break toward $183.18 where the supply zone is waiting.🔻 Bearish Breakdown:A close below $152.86 could trigger more selling, especially with USD-based volatility ahead (watch the macro events between June 3–7).---🧠 Market Psychology:We’ve seen multiple rejections near $183, but also strong accumulation on dips. This looks like a textbook Wyckoff-style accumulation phase. Smart money could be loading up before the next leg.---🎯 My Trading Plan:✅ Entering long at demand zone🎯 Targets: $168.5 and $183+❌ Stop loss: Just below $152---💬 Your Turn!Do you see a bounce coming or will SOL drop further from here?👇 Share your analysis in the comments!🔁 Like & Follow FrankFx14 for more powerful setups like this one daily!---#SOL #Solana #Altcoins #CryptoTrading #TradingView #TechnicalAnalysis #LuxAlgo #PriceAction #BuyTheDip #CryptoSignals