$SOL just ripped itself out of the abyss — and the tape is talking.
That flush to RSI 15 wasn’t panic… it was capitulation.
Sellers unloaded everything they had, liquidity got vacuumed, and right at $117–118 buyers stepped in hard. That’s not random — that’s exhaustion turning into opportunity.
Price snapped back to $120 and now SOL is trying to reclaim momentum, not fade it.
📌 SOL LONG — Continuation Bounce Play
Entry: 119.6 – 120.3
SL: 116.9 (clean invalidation, no hopium)
🎯 Targets
TP1: 122.5 (reaction zone)
TP2: 125.8 (momentum extension)
TP3: 129.5 (squeeze territory)
🔥 Why this setup matters This isn’t a dead-cat bounce. This is what happens when forced sellers finish their job and liquidity flips. Even with whales distributing, ETF flows + ecosystem demand are quietly absorbing supply. That’s how squeezes start — when the market expects weakness and gets strength instead.
As long as $119 holds, SOL has a real shot at pushing 125–130 before any meaningful pullback.
#Mag7Earnings #SouthKoreaSeizedBTCLoss #ScrollCoFounderXAccountHacked #ETHWhaleMovements #GrayscaleBNBETFFiling
