$SOL After a volume surge, the price is currently cooling in a narrow range, indicating healthy liquidity reset rather than a top distribution.
🎯 Direction: Long
🎯 Entry: 122.80 - 123.50
🛑 Stop Loss: 119.90 ( Rigid Stop Loss )
🚀 Target 1: 128.50
🚀 Target 2: 132.00
The price is consolidating tightly above a key support zone, with volume contracting but without increased selling pressure, indicating that selling has been absorbed. Stable open interest suggests that the main players have not exited, and this consolidation is corrective, building momentum for the next push higher. Retracements on lower timeframes are supported by buying interest; as long as 119.90 support holds, an upward breakout is the higher probability path.
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$SOL After a volume surge, the price is currently cooling in a narrow range, indicating healthy liquidity reset rather than a top distribution.
🎯 Direction: Long
🎯 Entry: 122.80 - 123.50
🛑 Stop Loss: 119.90 ( Rigid Stop Loss )
🚀 Target 1: 128.50
🚀 Target 2: 132.00
The price is consolidating tightly above a key support zone, with volume contracting but without increased selling pressure, indicating that selling has been absorbed. Stable open interest suggests that the main players have not exited, and this consolidation is corrective, building momentum for the next push higher. Retracements on lower timeframes are supported by buying interest; as long as 119.90 support holds, an upward breakout is the higher probability path.