Dear Followers 💞💞
🚀 Solana is gearing up for a sharp move!
has been trading within a descending structure, but the recent price action is becoming very interesting. After an extended consolidation phase, price has now reached a major demand zone near the lower trendline, an area where buyers have previously stepped in aggressively.
This zone appears to be a classic accumulation and liquidity sweep area. Weak hands have been shaken out, and $SOL is holding above key support, suggesting that sellers are losing momentum.
If buyers enter with strong volume, we could see a powerful upside expansion. The chart projects a clean bullish breakout scenario, with price targeting the upper resistance zone.
📊 Risk-to-reward remains highly favorable, especially for spot buyers.
🔹 Trade Idea (Bullish Setup)
🟢 Buy Zone: 120 – 122
🎯 Target 1: 126
🎯 Target 2: 130
🎯 Target 3: 135+
⛔ Stop-Loss: 117.8
⏳ Patience is key.
If this support holds, Solana is unlikely to stay at these levels for long. Spot buyers may consider accumulating, as the next impulse could be fast and aggressive.
🔥 $SOL | Bullish Structure | Accumulation Zone 🔥