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【$SOL Signal】Long | Healthy Pullback and Accumulation
$SOL Price decline accompanied by decreasing open interest indicates a typical long leverage liquidation pattern, rather than a main force distribution. This is a healthy reset before a breakout.
🎯Direction: Long
🎯Entry: 125.5 - 126.8
🛑Stop Loss: 123.8 (Rigid Stop Loss)
🚀Target 1: 132.5
🚀Target 2: 138.0
$SOL A decline in price with decreasing open interest above a key support zone is a clear signal of failed short squeeze and long leverage liquidation. The market structure remains intact, with buying pressure continuously absorbing sell orders on lower timeframes, preparing for the next upward push. As long as the price stays above 123.8, an upward breakout is highly probable.
Trade here 👇 $SOL
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