Exploring the Potential for a Bullish Reversal in SOL Price Movements

Following the announcement of a SOL ETF a few weeks ago

almost all investors expected the Solana share price to rise significantly. And when many traders expect a price movement, the opposite happens. This was also the case with SOL.

Following the significant price losses

however, an impulsive countermovement is now emerging that could herald a sustained trend reversal.

We are now positioning ourselves long in Solana.

The trade idea presented offers a good RRR of around 1.5:1.